Danimer Scientific Inc. (NYSE:DNMR) went down by -7.51% from its latest closing price compared to the recent 1-year high of $66.30. The company’s stock price has collected -13.32% of loss in the last five trading sessions. Press Release reported 20 hours ago that Danimer Scientific Announces Date for First Quarter 2021 Results
Is It Worth Investing in Danimer Scientific Inc. (NYSE :DNMR) Right Now?
Opinions of the stock are interesting as 2 analysts out of 2 who provided ratings for Danimer Scientific Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $48.00. DNMR currently public float of 35.37M and currently shorts hold a 25.17% ratio of that float. Today, the average trading volume of DNMR was 2.68M shares.
DNMR’s Market Performance
DNMR stocks went down by -13.32% for the week, with a monthly drop of -37.02% and a quarterly performance of -45.05%. The volatility ratio for the week stands at 8.31% while the volatility levels for the past 30 days are set at 9.62% for Danimer Scientific Inc.. The simple moving average for the period of the last 20 days is -21.36% for DNMR stocks with a simple moving average of 4.71% for the last 200 days.
Analysts’ Opinion of DNMR
Many brokerage firms have already submitted their reports for DNMR stocks, with Jefferies repeating the rating for DNMR by listing it as a “Buy.” The predicted price for DNMR in the upcoming period, according to Jefferies is $31 based on the research report published on January 06th of the current year 2021.
DNMR Trading at -34.70% from the 50-Day Moving Average
After a stumble in the market that brought DNMR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -64.36% of loss for the given period.
Volatility was left at 9.62%, however, over the last 30 days, the volatility rate increased by 8.31%, as shares sank -38.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -52.13% lower at present.
During the last 5 trading sessions, DNMR fell by -13.32%, which changed the moving average for the period of 200-days by +136.30% in comparison to the 20-day moving average, which settled at $29.33. In addition, Danimer Scientific Inc. saw 0.51% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for DNMR
Equity return is now at value -6.10, with -5.30 for asset returns.