DMN Damon Inc. NASDAQ 08 Jan 2026 $0.0017 intraday most-active: volume spike needs monitoring
DMN stock trades at USD 0.0017 intraday on NASDAQ with 2,232,288,000 shares changing hands so far. Volume is roughly 11.34x average, putting Damon Inc. Common Stock (DMN) among the most active names in the United States session on 08 Jan 2026. The combination of an ultra-low price, big volume, and thin market cap drives extreme short-term volatility. We track price action, liquidity, and the company’s fundamentals to frame trading and risk for active investors.
Intraday price and volume for DMN stock
DMN stock opened at USD 0.0017 and is unchanged intraday, with a day low and day high both at 0.0017. Reported volume is 2,232,288,000 versus an average volume of 196,808,184, giving a relative volume of 11.34. Market cap stands at USD 4,165,816 and shares outstanding are 2,450,480,128. For company details see the Damon website Damon Motorcycles and the NASDAQ quote NASDAQ DMN.
Fundamentals and valuation for DMN stock
Damon Inc. reports EPS 0.74 and a reported PE near 0.0023 in the data set, but key balance metrics are mixed. Price to sales is 20.68, book value per share is -0.67, and cash per share is 0.03, indicating weak equity and tiny cash buffers relative to float. Revenue per share is 0.01 while net income per share is -0.36, reflecting negative profitability on a per-share basis. These ratios signal valuation distortion typical of microcap, low-price listings.
Technicals, liquidity and trading activity for DMN stock
Standard technical indicators are effectively unavailable or read zero, and the 50-day average price is 0.0056 versus a 200-day average of 0.4053, showing extreme divergence. On-chain liquidity is the dominant driver: current volume dwarfs average volume, creating both opportunity and execution risk. Traders should note the stock’s limited bid depth and rapid price moves from small orders.
Meyka AI grade and forecast for DMN stock
Meyka AI rates DMN with a score out of 100: 61.17 (Grade B) — SUGGESTION: HOLD. This grade factors S&P 500 comparison, sector and industry metrics, financial growth, key ratios, forecasts, analyst consensus, and fundamentals. Meyka AI’s forecast model projects a 7-year price of USD 4.31114588177, implying an upside of about 253,438.58% versus the current price of USD 0.0017. Forecasts are model-based projections and not guarantees.
Risks and opportunities for DMN stock
Primary risks include microcap volatility, negative shareholders equity per share (-0.67), low current ratio (0.53), and limited free-float liquidity. Opportunity drivers are Damon’s tech focus in electric motorcycles and advanced rider safety systems, plus active retail interest shown in social channels. Sector context: classified in Consumer Cyclical, Auto – Manufacturers, where execution and scale matter for value creation.
Short-term trading strategy for most-active DMN stock
For intraday traders, use smaller position sizes and strict limits given the price and liquidity profile. Suggested near-term price targets for monitoring: USD 0.0030 (short-term), USD 0.0100 (12 months), USD 0.0500 (3 years) as scenario checkpoints rather than promises. Volatility-driven strategies should include stop limits and position sizing to limit downside in USD terms.
Final Thoughts
DMN stock is an intraday market mover at USD 0.0017 on NASDAQ with outsized volume and extreme liquidity swings. Our analysis shows mixed fundamentals: EPS in the dataset reads 0.74 but book value per share is negative -0.67, and price-to-sales sits at 20.68, flagging valuation stress. Meyka AI rates DMN 61.17/100 (Grade B) with a neutral HOLD suggestion based on benchmark and sector comparisons. Meyka AI’s forecast model projects USD 4.31114588177 in seven years, implying an estimated upside near 253,438.58% from the current level; forecasts are model-based projections and not guarantees. Active traders should balance short-term volume-driven opportunities against the company’s weak balance metrics, low current ratio, and limited institutional support. As an AI-powered market analysis platform, Meyka AI provides these data-driven insights for monitoring DMN’s real-time activity, but this is not financial advice. Watch liquidity, set tight risk controls, and reassess if price or fundamentals change materially.
FAQs
What is the current intraday price for DMN stock?
DMN stock trades at USD 0.0017 intraday on NASDAQ with volume of 2,232,288,000 so far. The relative volume is 11.34x the average, which drives large intraday swings and execution risk.
What grade did Meyka AI give DMN stock and why?
Meyka AI rates DMN with a score out of 100: 61.17 (Grade B) — HOLD. The grade factors S&P 500 and sector comparisons, financial growth, key metrics, forecasts, analyst signals, and fundamentals.
What are the main risks for DMN stock investors?
Key risks for DMN stock include extreme microcap volatility, negative book value per share -0.67, low current ratio 0.53, and thin bid depth that can amplify losses on sudden outflows.
Does Meyka AI provide a price forecast for DMN stock?
Yes. Meyka AI’s forecast model projects USD 4.31114588177 in seven years versus the current USD 0.0017. This is a model projection only and not a guarantee of future performance.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
