Danimer Scientific (NYSE:DNMR) Shares Up 7.1% – What’s Next?

Danimer Scientific, Inc. (NYSE:DNMR)’s stock price shot up 7.1% on Tuesday . The stock traded as high as $0.22 and last traded at $0.17. 17,737 shares traded hands during trading, a decline of 62% from the average session volume of 46,904 shares. The stock had previously closed at $0.16.

Danimer Scientific Stock Performance

The firm has a market cap of $520,950.00, a PE ratio of -0.01 and a beta of 1.49. The company has a 50-day simple moving average of $0.24 and a two-hundred day simple moving average of $0.86. The company has a quick ratio of 2.05, a current ratio of 3.28 and a debt-to-equity ratio of 1.80.

About Danimer Scientific

Danimer Scientific, Inc, a performance polymer company, provides bioplastic replacements for traditional petroleum-based plastics in the United States, Germany, Poland, Belgium, Austria, and internationally. It produces polyhydroxyalkanoate, a biodegradable plastic feedstock alternative under the Nodax brand name for applications in films, straws, cutlery, food containers, and others; polylactic acid-based resins for coating disposable paper cups; and other biopolymers.