Danimer Scientific Inc (DNMR) distance from 200-day Simple Moving Average is $0.9331: Right on the Precipice

Witnessing the stock’s movement on the chart, on Thursday, Danimer Scientific Inc (NYSE: DNMR) set off with pace as it heaved 12.60% to $0.46, before settling in for the price of $0.41 at the close. Taking a more long-term approach, DNMR posted a 52-week range of $0.32-$2.54.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

The company of the Basic Materials sector’s yearbook sales growth during the past 5- year span was recorded 12.19%. Meanwhile, its Annual Earning per share during the time was -18.65%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 41.70%. This publicly-traded company’s shares outstanding now amounts to $118.03 million, simultaneously with a float of $105.70 million. The organization now has a market capitalization sitting at $54.53 million. At the time of writing, stock’s 50-day Moving Average stood at $0.5875, while the 200-day Moving Average is $0.9331.

Danimer Scientific Inc (DNMR) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Specialty Chemicals industry. Danimer Scientific Inc’s current insider ownership accounts for 10.45%, in contrast to 34.64% institutional ownership. According to the most recent insider trade that took place on Nov 28 ’23, this organization’s Director bought 50,000 shares at the rate of 0.94, making the entire transaction reach 46,915 in total value, affecting insider ownership by 50,000. Preceding that transaction, on Nov 28 ’23, Company’s Director bought 50,000 for 0.93, making the whole transaction’s value amount to 46,480. This particular insider is now the holder of 391,324 in total.

Danimer Scientific Inc (DNMR) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.22 per share during the current fiscal year.

Danimer Scientific Inc’s EPS increase for this current 12-month fiscal period is 41.70% and is forecasted to reach -0.55 in the upcoming year.

Danimer Scientific Inc (NYSE: DNMR) Trading Performance Indicators

Let’s observe the current performance indicators for Danimer Scientific Inc (DNMR). It’s Quick Ratio in the last reported quarter now stands at 4.91. The Stock has managed to achieve an average true range (ATR) of 0.06. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.21.

In the same vein, DNMR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.43, a figure that is expected to reach -0.22 in the next quarter, and analysts are predicting that it will be -0.55 at the market close of one year from today.

Technical Analysis of Danimer Scientific Inc (DNMR)

Going through the that latest performance of [Danimer Scientific Inc, DNMR]. Its last 5-days volume of 0.78 million was inferior to the volume of 0.97 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 39.01% While, its Average True Range was 0.0556.

Raw Stochastic average of Danimer Scientific Inc (DNMR) in the period of the previous 100 days is set at 12.57%, which indicates a major fall in contrast to 49.24% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 141.64% that was higher than 105.03% volatility it exhibited in the past 100-days period.