Danimer Scientific Inc (NYSE: DNMR) on Friday, plunged -3.19% from the previous trading day, before settling in for the closing price of $0.41. Within the past 52 weeks, DNMR’s price has moved between $0.28 and $1.84.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 12.19%. The company achieved an average annual earnings per share of 48.10%. With a float of $108.90 million, this company’s outstanding shares have now reached $120.77 million.
Let’s determine the extent of company efficiency that accounts for 257 employees. 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) Breakdown of a Key Holders of the stock
Observing investor behavior towards Specialty Chemicals industry stocks is more important than anything else. The insider ownership of Danimer Scientific Inc is 9.83%, while institutional ownership is 30.69%. 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) Recent Fiscal highlights
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.39 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.34) by -0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 48.10% per share during the next fiscal year.
Danimer Scientific Inc (NYSE: DNMR) Trading Performance Indicators
Danimer Scientific Inc (DNMR) is currently performing well based on its current performance indicators. A quick ratio of 3.15 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.22.
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 -0.39 in one year’s time.
Technical Analysis of Danimer Scientific Inc (DNMR)
Looking closely at Danimer Scientific Inc (NYSE: DNMR), its last 5-days average volume was 0.57 million, which is a drop from its year-to-date volume of 0.88 million. As of the previous 9 days, the stock’s Stochastic %D was 34.72%. Additionally, its Average True Range was 0.04.
During the past 100 days, Danimer Scientific Inc’s (DNMR) raw stochastic average was set at 22.37%, which indicates a significant decrease from 28.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 90.60% in the past 14 days, which was lower than the 109.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.3863, while its 200-day Moving Average is $0.7203. However, in the short run, Danimer Scientific Inc’s stock first resistance to watch stands at $0.4315. Second resistance stands at $0.4629. The third major resistance level sits at $0.4792. If the price goes on to break the first support level at $0.3838, it is likely to go to the next support level at $0.3675. Now, if the price goes above the second support level, the third support stands at $0.3361.
Danimer Scientific Inc (NYSE: DNMR) Key Stats
Market capitalization of the company is 48.31 million based on 116,431K outstanding shares. Right now, sales total 46,680 K and income totals -155,470 K. The company made 7,630 K in profit during its latest quarter, and -22,660 K in sales during its previous quarter.
