DNMR - Danimer Scientific Inc. Looks to Continue to Trade Below its Annual-Low Share Price Today

Shares of Danimer Scientific Inc. (NYSE:DNMR) traded today at $15.38, breaking its 52-week low. This new low was reached on below average trading volume as 1.4 million shares traded hands, while the average 30-day volume is approximately 3.2 million shares.

Danimer Scientific Inc. has overhead space with shares priced $15.91, or 4.1% below the average consensus analyst price target of $16.60.

In the past 52 weeks, shares of Danimer Scientific Inc. have traded between the current low of $15.38 and a high of $66.30 and is now at $15.91.

Danimer Scientific Inc creates more sustainable, more natural ways to make plastic products sold under the proprietary Nodax brand name. The company's renewable and sustainable biopolymers have helped create plastic products that are 100% biodegradable and compostable. Danimer Scientific's products return to nature instead of polluting lands and waters. Its technology can be found in a vast array of plastic end-use products that people use every day. Applications for its biopolymers include additives, aqueous coatings, fibers, filaments, films, and injection-molded articles, among others. The company holds more than 150 patents and pending patent applications in nearly 20 countries for a range of manufacturing processes and biopolymer formulations.

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