An In-Depth Look At Damon Inc (DMN)

Damon Inc (NASDAQ:DMN) has seen 216.38 million shares traded in the last trading session. The company, currently valued at $1.08M, closed the last trade at $0.03 per share which meant it lost -$0.01 on the day or -23.09% during that session. The DMN stock price is -16400.0% off its 52-week high price of $4.95 and 0.0% above the 52-week low of $0.03. If we look at the company’s 10-day average daily trading volume, we find that it stood at 156.49 million shares traded. The 3-month trading volume is 25.63 million shares.

Damon Inc (NASDAQ:DMN) trade information

Sporting -23.09% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the DMN stock price touched $0.03 or saw a rise of 45.55%. Year-to-date, Damon Inc shares have moved -95.96%, while the 5-day performance has seen it change -8.04%. Over the past 30 days, the shares of Damon Inc (NASDAQ:DMN) have changed -81.46%. Short interest in the company has seen 3.81 million shares shorted with days to cover at 0.33.

DMN Dividends

Damon Inc is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Damon Inc (NASDAQ:DMN)’s Major holders

Insiders own 27.88% of the company shares, while shares held by institutions stand at 0.19% with a share float percentage of 0.27%. Investors are also buoyed by the number of investors in a company, with Damon Inc having a total of 16.0 institutions that hold shares in the company.