On Friday, Danimer Scientific Inc (NYSE: DNMR) was 20.08% up from the session before settling in for the closing price of $2.54. A 52-week range for DNMR has been $2.45 – $73.60.
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Basic Materials Sector giant saw their annual sales surged by 12.19% over the last five years. When this article was written, the company’s average yearly earnings per share was at 48.29%. With a float of $2.72 million, this company’s outstanding shares have now reached $3.02 million.
The firm has a total of 257 workers. Let’s measure their productivity. In terms of profitability, gross margin is -84.18%, operating margin of -233.8%, and the pretax margin is -297.08%.
Danimer Scientific Inc (DNMR) Insider Activity
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 9.83%, while institutional ownership is 25.52%. The most recent insider transaction that took place on Aug 27 ’24, was worth 0.
Danimer Scientific Inc (DNMR) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -6.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 48.29% 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 2.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -41.01, a number that is poised to hit -6.77 in the next quarter and is forecasted to reach -19.12 in one year’s time.
Technical Analysis of Danimer Scientific Inc (DNMR)
Analysing the last 5-days average volume posted by the [Danimer Scientific Inc, DNMR], we can find that recorded value of 0.24 million was better than the volume posted last year of 33311.0. As of the previous 9 days, the stock’s Stochastic %D was 9.13%. Additionally, its Average True Range was 0.98.
During the past 100 days, Danimer Scientific Inc’s (DNMR) raw stochastic average was set at 3.42%, which indicates a significant decrease from 18.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 160.59% in the past 14 days, which was higher than the 136.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.50, while its 200-day Moving Average is $22.42. Now, the first resistance to watch is $3.68. This is followed by the second major resistance level at $4.30. The third major resistance level sits at $4.85. If the price goes on to break the first support level at $2.51, it is likely to go to the next support level at $1.96. Should the price break the second support level, the third support level stands at $1.34.
Danimer Scientific Inc (NYSE: DNMR) Key Stats
There are 3,020K outstanding shares of the company, which has a market capitalization of 11.06 million. As of now, sales total 46,680 K while income totals -155,470 K. Its latest quarter income was 8,630 K while its last quarter net income were -21,840 K.
