During the last session, Danimer Scientific Inc (NYSE:DNMR)’s traded shares were 0.43 million, with the beta value of the company hitting 1.59. At the end of the trading day, the stock’s price was $0.80, reflecting an intraday loss of -0.79% or -$0.01. The 52-week high for the DNMR share is $3.56, that puts it down -345.0 from that peak though still a striking 25.0% gain since the share price plummeted to a 52-week low of $0.60. The company’s market capitalization is $91.95M, and the average trade volume was 930.74K shares over the past three months.
Danimer Scientific Inc (NYSE:DNMR) trade information
Danimer Scientific Inc (DNMR) registered a -0.79% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.79% in intraday trading to $0.80, hitting a weekly high. The stock’s 5-day price performance is 3.82%, and it has moved by -28.77% in 30 days. Based on these gigs, the overall price performance for the year is -73.61%.
Danimer Scientific Inc (DNMR) estimates and forecasts
Statistics show that Danimer Scientific Inc has outperformed its competitors in share price, compared to the industry in which it operates. Danimer Scientific Inc (DNMR) shares have gone down -40.82% during the last six months, with a year-to-date growth rate more than the industry average at 39.47% against 9.90. In the rating firms’ projections, revenue will increase 71.60% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 11.06M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 12.88M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 11.93M and 13.9M respectively. In this case, analysts expect current quarter sales to shrink by -7.30% and then drop by -7.30% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -18.65%. While earnings are projected to return 42.60% in 2024.
DNMR Dividends
Danimer Scientific Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
