A new trading day began on Friday, with Danimer Scientific Inc (NYSE: DNMR) stock price down -8.83% from the previous day of trading, before settling in for the closing price of $0.86. DNMR’s price has ranged from $0.60 to $4.45 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 12.19%. Meanwhile, its annual earnings per share averaged 41.01%. With a float of $101.72 million, this company’s outstanding shares have now reached $102.83 million.
Considering the fact that the conglomerate employs 257 people, you should pay attention to its efficiency factor.
Danimer Scientific Inc (DNMR) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Chemicals Industry. The insider ownership of Danimer Scientific Inc is 10.96%, while institutional ownership is 30.62%. 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) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 6.11 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
Here are Danimer Scientific Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 5.26. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.92.
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)
Compared to the last year’s volume of 1.06 million, its volume of 1.36 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 3.94%. Additionally, its Average True Range was 0.14.
During the past 100 days, Danimer Scientific Inc’s (DNMR) raw stochastic average was set at 15.04%, which indicates a significant increase from 2.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 73.76% in the past 14 days, which was lower than the 125.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.1259, while its 200-day Moving Average is $1.5447. Nevertheless, the first resistance level for the watch stands at $0.8526 in the near term. At $0.9188, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.9575. If the price goes on to break the first support level at $0.7477, it is likely to go to the next support level at $0.7090. Now, if the price goes above the second support level, the third support stands at $0.6428.
Danimer Scientific Inc (NYSE: DNMR) Key Stats
With a market capitalization of 89.85 million, the company has a total of 114,241K Shares Outstanding. Currently, annual sales are 46,680 K while annual income is -155,470 K. The company’s previous quarter sales were 10,950 K while its latest quarter income was -39,430 K.
