In the latest trading session,, 0.49 million Danimer Scientific Inc (NYSE:DNMR) shares changed hands as the company’s beta touched 1.56. With the company’s most recent per share price at $0.73 changing hands around $0.05 or 8.18% at last look, the market valuation stands at $85.35M. DNMR’s current price is a discount, trading about -378.08% off its 52-week high of $3.49. The share price had its 52-week low at $0.60, which suggests the last value was 17.81% up since then. When we look at Danimer Scientific Inc’s average trading volume, we note the 3-month average coming to 858.40K.
Danimer Scientific Inc (NYSE:DNMR) trade information
Instantly DNMR is in green as seen in intraday trades today. With action -8.15%, the performance over the past five days has been red. The jump to weekly highs of 0.8186 added 8.18% to the stock’s daily price. The company’s shares are showing year-to-date downside of -28.14%, with the 5-day performance at -8.15% in the red. However, in the 30-day time frame, Danimer Scientific Inc (NYSE:DNMR) is -8.93% down.
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Danimer Scientific Inc (DNMR) estimates and forecasts
Data shows that the Danimer Scientific Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -32.75% over the past 6 months, a 40.79% in annual growth rate that is considerably higher than the industry average of 13.50%. Year-over-year growth is forecast to reach 61.70% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 9.27M. 2 analysts are of the opinion that Danimer Scientific Inc’s revenue for the current quarter will be 15.24M. The company’s revenue for the corresponding quarters a year ago was 13.9M and 10.95M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -33.30%. The estimates for the next quarter sales put growth at 39.20%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -18.65%. The 2024 estimates are for Danimer Scientific Inc earnings to increase by 41.70%.
DNMR Dividends
Danimer Scientific Inc is expected to release its next quarterly earnings report in June.
