On Tuesday, Danimer Scientific Inc (NYSE: DNMR) was -1.90% drop from the session before ,before settling in for the closing price of $1.05. A 52-week range for DNMR has been $0.60 – $4.45.
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It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 12.19%. When this article was written, the company’s average yearly earnings per share was at 41.01%. With a float of $100.22 million, this company’s outstanding shares have now reached $102.83 million.
The extent of productivity of a business whose workforce counts for 257 workers is very important to gauge.
Danimer Scientific Inc (DNMR) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Danimer Scientific Inc stocks. The insider ownership of Danimer Scientific Inc is 12.27%, while institutional ownership is 30.84%. The most recent insider transaction that took place on Nov 28 ’23, was worth 46,915. In this transaction Director of this company bought 50,000 shares at a rate of $0.94, taking the stock ownership to the 50,000 shares. Before that another transaction happened on Nov 28 ’23, when Company’s Director bought 50,000 for $0.93, making the entire transaction worth $46,480. This insider now owns 391,324 shares in total.
Danimer Scientific Inc (DNMR) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 12/30/2023, it has been observed that the corporation posted -$0.39 earnings per share (EPS) during the time that was less than consensus figure (set at -$0.38) by -$0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 41.01% per share during the next fiscal year.
Danimer Scientific Inc (NYSE: DNMR) Trading Performance Indicators
You can see what Danimer Scientific Inc (DNMR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 5.26. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.52, a number that is poised to hit -0.26 in the next quarter and is forecasted to reach -0.60 in one year’s time.
Technical Analysis of Danimer Scientific Inc (DNMR)
The latest stats from [Danimer Scientific Inc, DNMR] show that its last 5-days average volume of 0.8 million was inferior to 1.03 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 27.69%. Additionally, its Average True Range was 0.14.
During the past 100 days, Danimer Scientific Inc’s (DNMR) raw stochastic average was set at 34.68%, which indicates a significant increase from 14.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.29% in the past 14 days, which was lower than the 125.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.1130, while its 200-day Moving Average is $1.5665. Now, the first resistance to watch is $1.0733. This is followed by the second major resistance level at $1.1167. The third major resistance level sits at $1.1733. If the price goes on to break the first support level at $0.9733, it is likely to go to the next support level at $0.9167. The third support level lies at $0.8733 if the price breaches the second support level.
Danimer Scientific Inc (NYSE: DNMR) Key Stats
There are 114,241K outstanding shares of the company, which has a market capitalization of 117.67 million. As of now, sales total 46,680 K while income totals -155,470 K. Its latest quarter income was 10,950 K while its last quarter net income were -39,430 K.
