Denbury Resources (DNR) : During the past 4 weeks, traders have been relatively bearish on Denbury Resources (DNR), hence the stock is down -9.52% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -9.54% relative to the S&P 500. The 4-week change in the price of the stock is -11.36% and the stock has fallen -9.06% in the past 1 week.
The stock has recorded a 20-day Moving Average of 9.33% and the 50-Day Moving Average is 8.75%.The 200 Day SMA reached 0.2% Denbury Resources Inc. has dropped 33.57% during the last 3-month period . Year-to-Date the stock performance stands at 39.11%.
Denbury Resources (DNR) : The most positive equity analysts on Denbury Resources (DNR) expects the shares to touch $4, whereas, the least positive believes that the stock will trade at $2 in the short term. The company is covered by 5 Wall Street Brokerage Firms. The average price target for shares are $3 with an expected fluctuation of $1.06 from the mean.
Company shares have received an average consensus rating of Hold for the current week Denbury Resources (NYSE:DNR): stock was range-bound between the intraday low of $2.73 and the intraday high of $2.847 after having opened at $2.8 on Fridays session. The stock finally closed in the red at $2.8, a loss of -1.75%. The stock remained in the red for the whole trading day. The total traded volume was 13,216,109 shares. The stock failed to cross $2.847 in Fridays trading. The stocks closing price on Thursday was $2.81.
Denbury Resources Inc. is an independent oil and natural gas company. The Companys operations are focused in two operating areas: the Gulf Coast and Rocky Mountain regions. The Companys properties with proved and producing reserves in the Gulf Coast region are situated in Mississippi, Texas, Louisiana and Alabama, and in the Rocky Mountain region are situated in Montana, North Dakota and Wyoming. The Companys primary Gulf Coast CO2 source is Jackson Dome. The Companys mature group of properties includes the initial CO2 field, Little Creek, as well as several other fields, including Brookhaven, Cranfield, Eucutta, Lockhart Crossing, Mallalieu, Martinville, McComb and Soso fields. The Company also holds interest in the 183-mile NEJD CO2 pipeline that runs from Jackson Dome to near Donaldsonville, Louisiana.