Danimer Scientific Inc (NYSE: DNMR) is -59.20% lower on its value in year-to-date trading and has touched a low of $0.32 and a high of $2.20 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DNMR stock was last observed hovering at around $0.41 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $0.42, the stock is -1.25% and -22.52% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.65 million and changing 0.29% at the moment leaves the stock -53.34% off its SMA200. DNMR registered -79.99% loss for a year compared to 6-month loss of -62.16%.
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The stock witnessed a -25.68% gain in the last 1 month and extending the period to 3 months gives it a -48.53%, and is 17.64% up 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 9.46% over the week and 13.27% over the month.
Danimer Scientific Inc (DNMR) has around 257 employees, a market worth around $50.01M and $39.74M in sales. Profit margin for the company is -325.87%. Distance from 52-week low is 30.06% and -81.08% from its 52-week high. The company has generated returns on investments over the last 12 months (-20.16%).
The EPS is expected to grow by 47.42% this year
178.0 institutions hold shares in Danimer Scientific Inc (DNMR), with institutional investors hold 34.30% of the company’s shares. The shares outstanding are 120.17M, and float is at 107.78M with Short Float at 17.14%. Institutions hold 31.04% of the Float.
The top institutional shareholder in the company is ARMISTICE CAPITAL, LLC with over 10.42 million shares valued at $6.29 million. The investor’s holdings represent 10.0261 of the DNMR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.64 million shares valued at $2.8 million to account for 4.4662 of the shares outstanding. The other top investors are DME CAPITAL MANAGEMENT, LP which holds 2.73 million shares representing 2.6302 and valued at over $1.65 million, while INVESCO LTD. holds 1.8846 of the shares totaling 1.96 million with a market value of $1.18 million.
Danimer Scientific Inc (DNMR) Insider Activity
The most recent transaction is an insider purchase by HENDRIX RICHARD J, the company’s Director. SEC filings show that HENDRIX RICHARD J bought 50,000 shares of the company’s common stock on Nov 28 ’23 at a price of $0.94 per share for a total of $46915.0. Following the purchase, the insider now owns 50000.0 shares.
Danimer Scientific Inc disclosed in a document filed with the SEC on Nov 28 ’23 that HENDRIX RICHARD J (Director) bought a total of 50,000 shares of the company’s common stock. The trade occurred on Nov 28 ’23 and was made at $0.93 per share for $46480.0. Following the transaction, the insider now directly holds 0.39 million shares of the DNMR stock.
