Denbury Resources Inc. (NYSE:DNR) went down by -8.90% from its latest closing price when compared to the 1-year high value of $1.68 and move down -216.98%, while DNR stocks collected +108.77% of gains with the last five trading sessions. Press Release reported on 06/08/20 that Thinking about buying stock in TOP Ships, Gilead Sciences, Seanergy Maritime, Denbury Resources, or Noble Corp?
Denbury Resources Inc. (NYSE:DNR) Worth an Investment?
Denbury Resources Inc. (NYSE: DNR) scored price to earnings ratio above its average ratio, recording 0.81 times of increase in earnings at the present.
DNR Market Performance
DNR stocks went up by 108.77% for the week, with the monthly jump of 93.99% and a quarterly performance of 67.64%, while its annual performance rate touched -57.59%. The simple moving average for the period of the last 20 days is 75.45% for DNR stocks with the simple moving average of -37.27% for the last 200 days.
Analysts’ Opinion on Denbury Resources Inc. (NYSE:DNR)
Many brokerage firms have already submitted their reports for DNR stocks, with Stifel repeating the rating for DNR shares by setting it to “Sell”. The predicted price for DNR socks in the upcoming period according to Stifel is $6.25 based on the research report published on March 31, 2020.
Stephens, on the other hand, stated in their research note that they expect to see DNR stock at the price of $1, previously predicting the value of $2. The rating they have provided for DNR stocks is “Underweight” according to the report published on March 20, 2020.
CapitalOne gave “ Underweight” rating to DNR stocks, setting the target price at $1 in the report published on December 20, 2018.
DNR Stocks 96.47% Far from 50 Day Moving Average
After a stumble in the market that brought DNR to its low price for the period of the last 52 weeks, Denbury Resources Inc. was unable to take a rebound, for now settling with -68.70% of loss for the given period.
The stock volatility was left at 14.22%, however, within the period of a single month, the volatility rate increased by 30.80%, while the shares surge at the distance of +91.24% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +155.54% upper at the present time.
In the course of the last 5 trading sessions, DNR went up by +108.77%, which changed the moving average for the period of 200 days to the total of -48.44% of losses for the stock in comparison to the 20-day moving average settled at $0.3123. In addition, Denbury Resources Inc. saw -62.70% in overturn over the period of a single year with a tendency to cut further losses.
DNR Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Denbury Resources Inc. (DNR), starting from McMichael Greg, who sold 20,000 shares at the price of $1.09 back on Aug 28. After this action, Rushing now owns 194,568 shares of Denbury Resources Inc., valued at $21,800 with the latest closing price.
Kendall Christian S, the President and CEO of Denbury Resources Inc., bought 100,000 shares at the value of $1.25 during a trade that took place back on Jun 26, which means that Kendall Christian S is holding 2,003,390 shares at the value of $124,900 based on the most recent closing price.
DNR Stock Fundamentals
The current profitability levels are settled at +26.37 for the present operating margin and +38.91 for gross margin. The net margin for Denbury Resources Inc. stands at +17.21. Total capital return value is set at 9.11, while invested capital returns managed to touch 5.99. Equity return holds the value 23.00%, with 6.70% for asset returns.
Based on Denbury Resources Inc. (DNR), the company’s capital structure generated 157.11 points for debt to equity in total, while total debt to capital is set at the value of 61.11. Total debt to assets is settled at the value of 45.71 with long-term debt to equity ratio rests at 2.81 and long-term debt to capital is 155.47.
The value for Enterprise to Sales is 1.96 with debt to enterprise value settled at 0.76. The receivables turnover for Denbury Resources Inc. is 8.12 with the total asset turnover at the value of 0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.50.