In the past week, DMN stock has gone down by -7.54%, with a monthly decline of -67.89% and a quarterly plunge of -80.35%. The volatility ratio for the week is 14.79%, and the volatility levels for the last 30 days are 21.05% for Damon Inc The simple moving average for the last 20 days is -39.13% for DMN’s stock, with a simple moving average of -74.85% for the last 200 days.
Is It Worth Investing in Damon Inc (NASDAQ: DMN) Right Now?
The public float for DMN is 20.55M and currently, short sellers hold a 5.96% of that float. On March 12, 2025, DMN’s average trading volume was 2.07M shares.
DMN) stock’s latest price update
Damon Inc (NASDAQ: DMN) has experienced a decline in its stock price by -1.43 compared to its previous closing price of 0.18. However, the company has seen a fall of -7.54% in its stock price over the last five trading days. globenewswire.com reported 2025-03-04 that ORLANDO, Fla., March 04, 2025 (GLOBE NEWSWIRE) — A-GAME Beverages Inc. (“A-GAME”) has reached a deal with Southeastern Grocers, LLC (SEG), parent company and home of Harveys Supermarket and Winn-Dixie, to carry A-GAME sports drinks in its grocery stores across Florida, Georgia, Alabama, Mississippi and Louisiana. Founded by former MLB champion Johnny Damon and backed by legends like Bo Jackson, A-GAME is a better-for-you sports drink that keeps athletes performing their best.
DMN Trading at -66.87% from the 50-Day Moving Average
After a stumble in the market that brought DMN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -96.51% of loss for the given period.
Volatility was left at 21.05%, however, over the last 30 days, the volatility rate increased by 14.79%, as shares sank -64.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -77.76% lower at present.
During the last 5 trading sessions, DMN fell by -6.63%, in comparison to the 20-day moving average, which settled at $0.2842. In addition, Damon Inc saw -79.66% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for DMN
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.11.
Conclusion
To wrap up, the performance of Damon Inc (DMN) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
