A new trading day began on Tuesday, with Danimer Scientific Inc (NYSE: DNMR) stock price down -7.20% from the previous day of trading, before settling in for the closing price of $0.39. DNMR’s price has ranged from $0.28 to $1.84 over the past 52 weeks.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 12.19%. Meanwhile, its annual earnings per share averaged 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
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 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
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
Here are Danimer Scientific Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.10.
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 0.63 million, which is a drop from its year-to-date volume of 0.87 million. As of the previous 9 days, the stock’s Stochastic %D was 24.04%. Additionally, its Average True Range was 0.04.
During the past 100 days, Danimer Scientific Inc’s (DNMR) raw stochastic average was set at 16.70%, which indicates a significant increase from 10.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.21% in the past 14 days, which was lower than the 108.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.3871, while its 200-day Moving Average is $0.7019. However, in the short run, Danimer Scientific Inc’s stock first resistance to watch stands at $0.3807. Second resistance stands at $0.4003. The third major resistance level sits at $0.4153. If the price goes on to break the first support level at $0.3461, it is likely to go to the next support level at $0.3311. Now, if the price goes above the second support level, the third support stands at $0.3115.
Danimer Scientific Inc (NYSE: DNMR) Key Stats
With a market capitalization of 43.60 million, the company has a total of 120,170K Shares Outstanding. Currently, annual sales are 46,680 K while annual income is -155,470 K. The company’s previous quarter sales were 7,630 K while its latest quarter income was -22,660 K.
