The shares outstanding are 88.87M, and float is at 53.72M with Short Float at 11.52%.
Danimer Scientific Inc. (NYSE: DNMR) is 59.59% higher on its value in year-to-date trading and has touched a low of $9.60 and a high of $66.30 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DNMR stock was last observed hovering at around $37.75 in the last trading session, with the day’s loss setting it -0.23% off its average median price target of $58.00 for the next 12 months. It is also 39.48% off the consensus price target high of $62.00 offered by 2 analysts, but current levels are 30.52% higher than the price target low of $54.00 for the same period.
Currently trading at $37.52, the stock is -6.45% and -14.49% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.34 million and changing -0.61% at the moment leaves the stock 83.94% off its SMA200. DNMR registered a gain of 272.22% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $40.94 and a 200-day simple moving average (SMA200) of $25.54.
The stock witnessed a 9.58% loss in the last 1 month and extending the period to 3 months gives it a 57.65%, and is -1.05% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.47% over the week and 11.41% over the month.
Fwd P/E is 441.41. Distance from 52-week low is 290.83% and -43.41% from its 52-week high.
Danimer Scientific Inc. (DNMR) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Danimer Scientific Inc. (DNMR) is a “Buy”. 2 analysts offering their recommendations for the stock have an average rating of 1.50, where 0 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Danimer Scientific Inc. quarterly earnings per share for the current quarter are estimated at -$0.06 with sales reaching $12M over the same period.The EPS is expected to grow by 103.30% this year, but quarterly earnings will post 70.20% year-over-year.