On Tuesday, Danimer Scientific Inc (NYSE: DNMR) was -4.75% drop from the session before settling in for the closing price of $0.36. A 52-week range for DNMR has been $0.32 – $2.13.
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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 47.42%. With a float of $107.78 million, this company’s outstanding shares have now reached $120.17 million.
The extent of productivity of a business whose workforce counts for 257 workers is very important to gauge. In terms of profitability, gross margin is -86.2%, operating margin of -249.99%, and the pretax margin is -324.68%.
Danimer Scientific Inc (DNMR) Insider Updates
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 10.31%, while institutional ownership is 31.01%. The most recent insider transaction that took place on Aug 27 ’24, was worth 0. Before that another transaction happened on Nov 28 ’23, when Company’s Director bought 50,000 for $0.94, making the entire transaction worth $46,915. This insider now owns 50,000 shares in total.
Danimer Scientific Inc (DNMR) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 47.42% 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 3.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.24, a number that is poised to hit -0.20 in the next quarter and is forecasted to reach -0.43 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 0.52 million was inferior to 0.93 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 22.14%. Additionally, its Average True Range was 0.05.
During the past 100 days, Danimer Scientific Inc’s (DNMR) raw stochastic average was set at 2.95%, which indicates a significant decrease from 4.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 100.39% in the past 14 days, which was higher than the 96.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.5077, while its 200-day Moving Average is $0.8611. Now, the first resistance to watch is $0.3721. This is followed by the second major resistance level at $0.3995. The third major resistance level sits at $0.4155. If the price goes on to break the first support level at $0.3287, it is likely to go to the next support level at $0.3127. Assuming the price breaks the second support level, the third support level stands at $0.2853.
Danimer Scientific Inc (NYSE: DNMR) Key Stats
There are 116,431K outstanding shares of the company, which has a market capitalization of 41.43 million. As of now, sales total 46,680 K while income totals -155,470 K. Its latest quarter income was 7,630 K while its last quarter net income were -22,660 K.
