Investors’ Patience Is Being Tested Right Now By Danimer Scientific Inc (NYSE: DNMR)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Yahoo Finance discussed the stock recently as it posted Danimer Scientific Receives Continued Listing Standard Notice from NYSE.

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Stocks Info

Danimer Scientific Inc is listed on the NYSE as a member of the Basic Materials sector and is a part of the Specialty Chemicals industry. At the end of the last regular session, the stock closed at $0.93 and fluctuated between $0.9497 as its day high and $0.8500 as its day low. The current market capitalization of Danimer Scientific Inc is $94.43M. A total of 0.78 million shares were traded on the day, compared to an average of 0.57 shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, DNMR has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 0 BUYs and 5 SELLs from insiders. Insiders purchased 0 shares during that period but sold 50,000.

In the most recent transaction, HENDRIX RICHARD J bought 50,000 shares of DNMR for 0.94 per share on Nov 28. After the transaction, the Director now owns 50,000 company shares. In a previous transaction on Nov 28, HENDRIX RICHARD J bought 50,000 shares at 0.93 per share. DNMR shares that Director owns now total 391,324.

Among the insiders who sold shares, Tuten Scott disposed of 10,000 shares on Jun 20 at a per-share price of $2.74. This resulted in the Chief Marketing Officer holding 346,478 shares of DNMR after the transaction. In another insider transaction, Tuten Scott sold 10,000 shares at $3.38 per share on May 17. Company shares held by the Chief Marketing Officer now total 356,478.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for DNMR in the last 3 months, the mean price target is $2.57 with high estimates of $3.50 and low estimates of $1.60. In terms of 52-week highs and lows, DNMR has a high of $4.59 and a low of $0.60.

As of this writing, DNMR has an earnings estimate of -$0.38 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of -$0.37 per share and a lower estimate of -$0.39. The company reported an EPS of -$0.38 in the last quarter, which was -5.60% lower than expectations of -$0.36.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. DNMR’s latest balance sheet shows that the firm has $286.49M in Cash & Short Term Investments as of fiscal 2021. There were $287.32M in debt and $43.48M in liabilities at the time. Its Book Value Per Share was $2.98, while its Total Shareholder’s Equity was $500.26M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DNMR is Buy with a score of 5.00.

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