Surprising Price Movement Observed - (NYSE: DMD)

NYSE (NYSE: DMD): fell by 18.97% or $-1.55/share to $6.62. In the past year, the shares have traded as low as $7.39 and as high as $12.50. On average, 312914 shares of DMD exchange hands on a given day and today's volume is recorded at 125491. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $8.66 area where the stock may encounter resistance.