Danimer Scientific Stock Price History

DNMR Stock  USD 1.13  0.10  9.71%   
If you're considering investing in Danimer Stock, it is important to understand the factors that can impact its price. As of today, the current price of Danimer Scientific stands at 1.13, as last reported on the 28th of March, with the highest price reaching 1.19 and the lowest price hitting 1.03 during the day. Danimer Scientific appears to be extremely dangerous, given 3 months investment horizon. Danimer Scientific secures Sharpe Ratio (or Efficiency) of 0.0603, which denotes the company had a 0.0603% return per unit of risk over the last 3 months. By reviewing Danimer Scientific's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please utilize Danimer Scientific's Downside Deviation of 7.02, coefficient of variation of 1478.41, and Mean Deviation of 6.29 to check if our risk estimates are consistent with your expectations.
  
As of 03/28/2024, Common Stock is likely to drop to 7,480. In addition to that, Total Stockholder Equity is likely to drop to about 366.7 M. As of 03/28/2024, Price Earnings Ratio is likely to drop to -0.88. In addition to that, Price To Sales Ratio is likely to drop to 3.42. Danimer Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0603

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsDNMR
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 8.34
  actual daily
73
73% of assets are less volatile

Expected Return

 0.5
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Danimer Scientific is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Danimer Scientific by adding it to a well-diversified portfolio.
Price Book
0.3454
Enterprise Value Ebitda
(4.55)
Price Sales
2.218
Shares Float
91.7 M
Wall Street Target Price
2.57

Danimer Scientific Stock Price History Chart

There are several ways to analyze Danimer Stock price data. The simplest method is using a basic Danimer candlestick price chart, which shows Danimer Scientific price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMarch 7, 20241.7
Lowest PriceFebruary 5, 20240.61

Danimer Scientific March 28, 2024 Stock Price Synopsis

Various analyses of Danimer Scientific's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Danimer Stock. It can be used to describe the percentage change in the price of Danimer Scientific from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Danimer Stock.
Danimer Scientific Price Daily Balance Of Power 0.62 
Danimer Scientific Price Rate Of Daily Change 1.10 
Danimer Scientific Accumulation Distribution 122,763 
Danimer Scientific Price Action Indicator 0.07 

Danimer Scientific March 28, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Danimer Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Danimer Scientific intraday prices and daily technical indicators to check the level of noise trading in Danimer Stock and then apply it to test your longer-term investment strategies against Danimer.

Danimer Stock Price History Data

The price series of Danimer Scientific for the period between Fri, Dec 29, 2023 and Thu, Mar 28, 2024 has a statistical range of 1.09 with a coefficient of variation of 28.51. Under current investment horizon, the daily prices are spread out with arithmetic mean of 1.03. The median price for the last 90 days is 1.01.
OpenHighLowCloseVolume
03/27/2024 1.05  1.19  1.03  1.13  913,052 
03/26/2024 1.09  1.13  1.02  1.03  613,491 
03/25/2024 1.18  1.19  1.02  1.08  994,765 
03/22/2024 1.19  1.19  1.12  1.14  586,803 
03/21/2024 1.22  1.45  1.19  1.20  1,626,099 
03/20/2024 1.29  1.34  1.21  1.33  663,198 
03/19/2024 1.10  1.33  1.07  1.33  961,319 
03/18/2024 1.32  1.34  1.06  1.10  890,756 
03/15/2024 1.36  1.42  1.25  1.35  1,229,419 
03/14/2024 1.54  1.54  1.34  1.37  982,308 
03/13/2024 1.63  1.74  1.56  1.57  494,163 
03/12/2024 1.70  1.70  1.53  1.66  872,588 
03/11/2024 1.63  1.81  1.53  1.70  1,033,404 
03/08/2024 1.72  1.82  1.56  1.67  1,049,846 
03/07/2024 1.70  1.84  1.56  1.70  1,741,402 
03/06/2024 1.43  1.58  1.34  1.56  1,068,393 
03/05/2024 1.39  1.43  1.34  1.37  812,116 
03/04/2024 1.28  1.46  1.26  1.42  1,029,067 
03/01/2024 1.35  1.36  1.27  1.27  484,603 
02/29/2024 1.24  1.34  1.24  1.34  750,980 
02/28/2024 1.30  1.31  1.19  1.24  641,707 
02/27/2024 1.23  1.29  1.17  1.28  888,737 
02/26/2024 1.07  1.23  1.07  1.21  1,072,491 
02/23/2024 1.12  1.13  1.04  1.07  474,716 
02/22/2024 1.12  1.18  1.01  1.14  845,207 
02/21/2024 0.98  1.10  0.98  1.10  777,000 
02/20/2024 1.06  1.08  0.96  0.99  984,321 
02/16/2024 1.15  1.18  1.01  1.03  1,123,032 
02/15/2024 0.97  1.20  0.97  1.17  1,611,555 
02/14/2024 0.86  1.01  0.86  1.00  2,125,312 
02/13/2024 0.87  0.91  0.84  0.86  741,909 
02/12/2024 0.85  0.95  0.85  0.93  785,096 
02/09/2024 0.74  0.97  0.74  0.90  1,760,696 
02/08/2024 0.64  0.77  0.63  0.76  1,198,053 
02/07/2024 0.65  0.66  0.62  0.66  539,619 
02/06/2024 0.60  0.65  0.60  0.65  652,046 
02/05/2024 0.69  0.69  0.61  0.61  1,116,839 
02/02/2024 0.65  0.71  0.62  0.69  856,418 
02/01/2024 0.65  0.69  0.63  0.65  660,690 
01/31/2024 0.65  0.66  0.63  0.64  614,067 
01/30/2024 0.66  0.67  0.63  0.65  779,520 
01/29/2024 0.69  0.70  0.65  0.65  1,467,176 
01/26/2024 0.70  0.71  0.68  0.68  556,096 
01/25/2024 0.72  0.78  0.68  0.69  970,311 
01/24/2024 0.73  0.78  0.73  0.73  1,353,641 
01/23/2024 0.73  0.73  0.71  0.72  549,013 
01/22/2024 0.73  0.79  0.70  0.72  1,437,200 
01/19/2024 0.70  0.73  0.62  0.72  2,420,954 
01/18/2024 0.74  0.75  0.69  0.71  931,459 
01/17/2024 0.76  0.78  0.68  0.72  1,573,428 
01/16/2024 0.86  0.87  0.77  0.77  1,147,627 
01/12/2024 0.89  0.92  0.83  0.84  821,500 
01/11/2024 0.91  0.93  0.88  0.88  942,143 
01/10/2024 0.96  0.96  0.89  0.92  1,480,272 
01/09/2024 0.98  0.99  0.92  0.92  923,194 
01/08/2024 0.93  1.03  0.92  1.01  1,420,603 
01/05/2024 0.91  0.99  0.90  0.94  1,346,985 
01/04/2024 0.96  0.97  0.91  0.92  2,402,286 
01/03/2024 1.02  1.02  0.93  0.93  2,637,691 
01/02/2024 1.03  1.07  1.00  1.04  580,541 
12/29/2023 1.08  1.09  1.02  1.02  775,702 

About Danimer Scientific Stock history

Danimer Scientific investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Danimer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Danimer Scientific will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Danimer Scientific stock prices may prove useful in developing a viable investing in Danimer Scientific
Last ReportedProjected for 2024
Common Stock Shares Outstanding107 M82.9 M
Net Loss-161.8 M-153.7 M

Danimer Scientific Quarterly Net Working Capital

112.31 Million

Danimer Scientific Stock Technical Analysis

Danimer Scientific technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Danimer Scientific technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Danimer Scientific trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Did you try this?

Run Instant Ratings Now

   

Instant Ratings

Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Module

Danimer Scientific Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Danimer Scientific's price direction in advance. Along with the technical and fundamental analysis of Danimer Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Danimer to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Danimer Scientific is a strong investment it is important to analyze Danimer Scientific's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Danimer Scientific's future performance. For an informed investment choice regarding Danimer Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danimer Scientific. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Danimer Stock, please use our How to Invest in Danimer Scientific guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Danimer Stock analysis

When running Danimer Scientific's price analysis, check to measure Danimer Scientific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Danimer Scientific is operating at the current time. Most of Danimer Scientific's value examination focuses on studying past and present price action to predict the probability of Danimer Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danimer Scientific's price. Additionally, you may evaluate how the addition of Danimer Scientific to your portfolios can decrease your overall portfolio volatility.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Is Danimer Scientific's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Danimer Scientific. If investors know Danimer will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Danimer Scientific listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.42)
Revenue Per Share
0.502
Quarterly Revenue Growth
0.048
Return On Assets
(0.11)
Return On Equity
(0.41)
The market value of Danimer Scientific is measured differently than its book value, which is the value of Danimer that is recorded on the company's balance sheet. Investors also form their own opinion of Danimer Scientific's value that differs from its market value or its book value, called intrinsic value, which is Danimer Scientific's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Danimer Scientific's market value can be influenced by many factors that don't directly affect Danimer Scientific's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Danimer Scientific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Danimer Scientific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Danimer Scientific's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.