Danimer Scientific Inc. (NYSE:DNMR) went down by -2.15% from its latest closing price compared to the recent 1-year high of $66.30. The company’s stock price has collected -4.97% of loss in the last five trading sessions. Press Release reported on 09/30/21 that WinCup, Inc.’s phade(R) Straws and Stirrers to be a Proud Sponsor of the Atlanta Falcons(R) at Mercedes Benz Stadium
Is It Worth Investing in Danimer Scientific Inc. (NYSE :DNMR) Right Now?
Opinions of the stock are interesting as 3 analysts out of 3 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 $36.33. DNMR currently public float of 79.89M and currently shorts hold a 14.47% ratio of that float. Today, the average trading volume of DNMR was 2.05M shares.
DNMR’s Market Performance
DNMR stocks went down by -4.97% for the week, with a monthly drop of -18.54% and a quarterly performance of -31.35%, while its annual performance rate touched 39.54%. The volatility ratio for the week stands at 3.82% while the volatility levels for the past 30 days are set at 7.38% for Danimer Scientific Inc.. The simple moving average for the period of the last 20 days is -9.64% for DNMR stocks with a simple moving average of -46.63% for the last 200 days.
Analysts’ Opinion of DNMR
Many brokerage firms have already submitted their reports for DNMR stocks, with Cowen repeating the rating for DNMR by listing it as a “Outperform.” The predicted price for DNMR in the upcoming period, according to Cowen is $21 based on the research report published on September 23rd of the current year 2021.
Jefferies, on the other hand, stated in their research note that they expect to see DNMR reach a price target of $31. The rating they have provided for DNMR stocks is “Buy” according to the report published on January 06th, 2021.
DNMR Trading at -13.74% 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 -78.07% of loss for the given period.
Volatility was left at 7.38%, however, over the last 30 days, the volatility rate increased by 3.82%, as shares sank -15.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.18% lower at present.
During the last 5 trading sessions, DNMR fell by -4.97%, which changed the moving average for the period of 200-days by -34.36% in comparison to the 20-day moving average, which settled at $15.96. In addition, Danimer Scientific Inc. saw -38.15% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at DNMR starting from Tuten Scott, who sale 10,000 shares at the price of $16.56 back on Sep 17. After this action, Tuten Scott now owns 532,651 shares of Danimer Scientific Inc., valued at $165,590 using the latest closing price.
Smith Michael Eric, the Chief Operating Officer of Danimer Scientific Inc., sale 10,000 shares at $16.61 during a trade that took place back on Sep 17, which means that Smith Michael Eric is holding 377,259 shares at $166,150 based on the most recent closing price.
Stock Fundamentals for DNMR
Current profitability levels for the company are sitting at:
- -33.25 for the present operating margin
- +22.17 for the gross margin
The net margin for Danimer Scientific Inc. stands at -18.70. The total capital return value is set at -7.16, while invested capital returns managed to touch -4.30. Equity return is now at value -19.20, with -13.50 for asset returns.
Based on Danimer Scientific Inc. (DNMR), the company’s capital structure generated 23.53 points at debt to equity in total, while total debt to capital is 19.05. Total debt to assets is 15.34, with long-term debt to equity ratio resting at 15.61. Finally, the long-term debt to capital ratio is 12.63.
When we switch over and look at the enterprise to sales, we see a ratio of 35.78, with the company’s debt to enterprise value settled at 0.05. The receivables turnover for the company is 11.73 and the total asset turnover is 0.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.97.