The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. The metric has seen a significant gain of 72.07% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 23.69%. Over the past 30 days, the price of DNMR has leaped by -2.22%. And in the last five days, it has fallen by -10.20%.
The stock of Danimer Scientific Inc. (DNMR) is currently priced at $3.08. In the last session, the stock climbed significantly, topping out at $3.22 after opening at $3.21. The day’s lowest price was $3.045 before the stock closed at $3.26.
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Danimer Scientific Inc.’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $5.92 on 06/28/22 and a low of $1.57 for the same time frame on 12/27/22.
52-week price history of DNMR Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Danimer Scientific Inc.’s current trading price is -47.97% away from its 52-week high, while its distance from the 52-week low is 96.18%. The stock’s price range during this period has varied between$1.57 and $5.92. The Danimer Scientific Inc.’s shares, which operate in the Basic Materials, saw a trading volume of around 0.6 million for the day, a figure considerably lower than their average daily volume of 1.57 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Danimer Scientific Inc. (DNMR) has experienced a quarterly rise of 54.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 327.84M and boasts a workforce of 271 employees.
Danimer Scientific Inc.: Analysts’ Ratings Unveiled
As of right now, 3 analysts are rating Danimer Scientific Inc. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.72, with a change in price of +1.37. Similarly, Danimer Scientific Inc. recorded 1,357,647 in trading volume during the last 100 days, posting a change of +80.12%.
DNMR’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for DNMR stands at 0.76. Similarly, the long-term debt-to-equity ratio is also 0.76.
DNMR Stock Stochastic Average
Danimer Scientific Inc.’s raw stochastic average for the past 50 days is presently 45.71%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 31.43%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 58.25% and 58.26%, respectively.