Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Danimer Scientific Inc’s current trading price is -78.16% away from its 52-week high, while its distance from the 52-week low is 34.57%. The stock’s price range over this period has fluctuated between $0.60 and $3.70. The company, operating within the financial sector, had a trading volume of approximately 0.62 million for the day, which was noticeably lower than the average daily share volume of 0.95 million over the last 3 months.
Danimer Scientific Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $3.70 on 05/23/23 and the lowest value was $0.60 on 02/06/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Danimer Scientific Inc (DNMR) has experienced a quarterly rise of 10.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 92.24M and boasts a workforce of 257 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.0158, with a change in price of -0.3126. Similarly, Danimer Scientific Inc recorded 1,095,500 in trading volume during the last 100 days, posting a change of -27.91%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for DNMR stands at 1.47. Similarly, the long-term debt-to-equity ratio is also 1.45.
DNMR Stock Stochastic Average
Today’s raw stochastic average for Danimer Scientific Inc over the last 50 days is 5.97%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 14.64%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 17.27% and 13.33%, respectively.
DNMR Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The index has shown a price loss of -20.84% this year. Over the last six months, there has been a stronger performance of -49.22%. The price of DNMR leaped by -25.24% during the last 30 days period. For the last 5-days stocks have improved 1.10%.
