Danimer Scientific Inc (DNMR) distance from 200-day Simple Moving Average is $26.04: Right on the Precipice

Witnessing the stock’s movement on the chart, on Wednesday, Danimer Scientific Inc (NYSE: DNMR) set off with pace as it heaved 30.72% to $6.00, before settling in for the price of $4.59 at the close. Taking a more long-term approach, DNMR posted a 52-week range of $4.42-$73.60.

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The Basic Materials Sector giants’ yearly sales growth during the last 5-year period was 12.19%. Meanwhile, its Annual Earning per share during the time was -18.65%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 48.29%. This publicly-traded company’s shares outstanding now amounts to $3.02 million, simultaneously with a float of $2.72 million. The organization now has a market capitalization sitting at $18.12 million. At the time of writing, stock’s 50-day Moving Average stood at $13.41, while the 200-day Moving Average is $26.04.

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 9.83%, in contrast to 25.55% institutional ownership. Preceding that transaction, on Nov 28 ’23, Company’s Director bought 50,000 for 0.94, making the whole transaction’s value amount to 46,915. This particular insider is now the holder of 50,000 in total.

Danimer Scientific Inc (DNMR) Earnings and Revenue Records

Danimer Scientific Inc’s EPS increase for this current 12-month fiscal period is 48.29% and is forecasted to reach -19.12 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 2.05. The Stock has managed to achieve an average true range (ATR) of 1.71. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.48.

In the same vein, DNMR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -41.01, a figure that is expected to reach -6.77 in the next quarter, and analysts are predicting that it will be -19.12 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 76800.0 indicated improvement to the volume of 27837.0 it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 11.84% While, its Average True Range was 1.62.

Raw Stochastic average of Danimer Scientific Inc (DNMR) in the period of the previous 100 days is set at 6.73%, which indicates a major fall in contrast to 11.33% 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 186.37% that was higher than 129.58% volatility it exhibited in the past 100-days period.