A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price loss of -27.93% this year. Over the last six months, there has been a stronger performance of -61.38%. The price of DNMR leaped by -21.82% during the last 30 days period. For the last 5-days stocks have slided -12.24%.
The present stock price for Danimer Scientific Inc (DNMR) is $1.29. In the last trading session, the stock made a considerable jump, reaching $1.44 after an opening price of $1.44. The stock briefly fell to $1.28 before ending the session at $1.43.
Danimer Scientific Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $4.59 on 04/04/23, while the lowest value for the same period was recorded at $1.32 on 11/20/23.
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 -71.90% away from its 52-week high, while its distance from the 52-week low is -2.27%. The stock’s price range during this period has varied between$1.32 and $4.59. The Danimer Scientific Inc’s shares, which operate in the Basic Materials, saw a trading volume of around 1.32 million for the day, a figure considerably higher than their average daily volume of 0.78 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Danimer Scientific Inc (DNMR) has experienced a quarterly decline of -37.07% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 131.62M and boasts a workforce of 271 employees.
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 2.0250, with a change in price of -1.1100. Similarly, Danimer Scientific Inc recorded 839,688 in trading volume during the last 100 days, posting a change of -46.25%.
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 1.33. Similarly, the long-term debt-to-equity ratio is also 1.32.
DNMR Stock Stochastic Average
As of today, Danimer Scientific Inc’s raw stochastic average for the last 50 days stands at 1.23%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 2.38%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 25.36% and 41.24%, respectively.