During the last session, Danimer Scientific, Inc. (NYSE:DNMR)’s traded shares were 1,483,815, with the beta value of the company hitting 0. At the end of the trading day, the stock’s price was $37, reflecting an intraday loss of -3.47% or -$1.33. The 52-week high for the DNMR share is $66.3, that puts it down -79.19% from that peak though still a striking +87.3% gain since the share price plummeted to a 52-week low of $4.7. The company’s market capitalization is $3.27 Billion, and the average intraday trading volume over the past 10 days was 3.34 Million shares, and the average trade volume was 2.65 Million shares over the past three months.
Danimer Scientific, Inc. (DNMR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.5. DNMR has a Sell rating from none of the analyst(s) out of 2 analysts who have looked at this stock. Neither of the analyst(s) recommend to Hold the stock while none of them suggest Overweight, and 2 recommend a Buy rating for it. None of the analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.06.
Danimer Scientific, Inc. (NYSE:DNMR): Trading Information
The consensus price target of analysts on Wall Street is $58, which implies an increase of 56.76% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $54 and $62 respectively. As a result, DNMR is trading at a discount of 67.57% off the target high and 45.95% off the low.
Danimer Scientific, Inc. (DNMR) projections and forecasts
An analysis of the company’s performance over the past 5 years shows that the company’s earnings fell an estimated 0%. While earnings are projected to return 103.3% in 2021, the next five years will return 0% per annum.
Danimer Scientific, Inc. (NYSE:DNMR)’s Biggest Investors
The next largest institutional holding, with 2.25 Million shares, is of Jefferies Group Inc’s that is approximately 2.65% of outstanding shares. At the market price on Dec 30, 2020, these shares were valued at $52.9 Million.