Denbury Resources (DNR) Reaches New 12-Month High and Low at $3.90

Leslie Hanson
May 15, 2018

It is also used in ranking the parallel size of stock exchanges, is a measure of the total of the market capitalizations of all companies listed on each stock exchange. Lpl Financial Ltd Liability Company reported 0% in Denbury Resources Inc. The stock is now showing upward return of 11.76% throughout last week and witnessed rising return of 27.95% in one month period.

Shares of Denbury Resources traded down $0.01, reaching $3.79, on Monday, Marketbeat Ratings reports.

DNR indicated a yearly up return of 104.30% while year-to-date (YTD) return printed 71.95% increasing outlook. They issued a "neutral" rating and a $2.50 price objective on the stock.

On the other hand the company has Relative Strength Index (RSI 14) of 72.9 along with Average True Range (ATR 14) of 0.21, Consequently Denbury Resources (NYSE:DNR)'s weekly and monthly volatility is 7.88%, 5.77% respectively.

Many analysts are providing their Estimated Earnings analysis for Denbury Resources Inc. and for the current quarter 10 analysts have projected that the stock could give an Average Earnings estimate of $0.11/share. The 200-day moving average is the standby for long-term investors. There isn't a single moving average or combination of moving averages that is ideal; rather, each individual will need to find moving averages that suit their trade timeframe or investment horizon. It goes without saying that investors should not rely exclusively on any one technique.

Denbury Resources (NYSE:DNR) was downgraded by Zacks Investment Research from a "buy" rating to a "hold" rating in a research report issued on Thursday, April 26th. Trading volume is usually higher when the price of a security is changing. A negative earnings surprise will usually result in a decline in share price.

A number of analysts recently commented on DNR shares.

Director, Sugg Laura A, sold 12,500 common shares of Denbury Resources Inc. An M-Score lower than -2.22 indicates that the company will not be a manipulator. When the prices falls below, it indicates a bearish commodity. For example, a 20-period moving average is the average of the closing prices for the past 20 periods, including the current period. The stock carved out a 52-week low down at $0.91. The expected future increase in earnings per share ("EPS") is an incredibly important identifying an under-valued stock. 07, 2018. These shares are worth $44,375 and were traded at $3.55 each. Instead, the 52 Week Range is generally used more as a descriptive metric to describe what the stock has done and not what it will do. Millennium Management LLC now owns 3,410,876 shares of the oil and natural gas company's stock worth $7,538,000 after purchasing an additional 2,587,244 shares during the last quarter. The price target of a stock is the price at which the stock is fairly valued with respect to its historical and projected earnings. Denbury Resources has a 1 year low of $0.92 and a 1 year high of $3.68.

Denbury Resources (NYSE:DNR)'s trailing twelve month revenues are $1.13 Billion, whereas its price to sales ratio for the same period is 1.35. Overbought implies that the positive momentum in the stock is so high that it may not be sustainable for long and hence there could be a correction. The points are then added up to determine the best value stocks. For example, an established blue chip company in a mature industry with stable earnings will most likely have a much lower beta compared to a start up Biotechnology Company. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company.

Trading volume is a gauge of how many times a stock is bought and sold in a given time period (most commonly, within a day of trading, known as the average daily trading volume - ADTV).

The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that calculates the speed and change of price movements. At recent session, the prices were hovering between $3.76 and $3.86. The RSI oscillates between zero and 100. One may say buy while other recommend sell.

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