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.
Danimer |
Sharpe Ratio = 0.0603
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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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 Price | March 7, 2024 | 1.7 |
Lowest Price | February 5, 2024 | 0.61 |
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
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.Open | High | Low | Close | Volume | ||
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 Reported | Projected for 2024 | ||
Common Stock Shares Outstanding | 107 M | 82.9 M | |
Net Loss | -161.8 M | -153.7 M |
Danimer Scientific Quarterly Net Working Capital |
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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.
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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.
Risk Adjusted Performance | 0.0469 | |||
Jensen Alpha | (0.34) | |||
Total Risk Alpha | (1.28) | |||
Sortino Ratio | 0.0591 | |||
Treynor Ratio | 0.0759 |
Cycle Indicators | ||
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Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.
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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.