Denbury Resources Inc. (NYSE:DNR) Surged 5.65% in premarket

Victory Capital Management Inc. lifted its holdings in Denbury Resources Inc. (NYSE:DNR) by 70.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,976 shares of the oil and natural gas company’s stock after purchasing an additional 27,715 shares during the quarter. Victory Capital Management Inc.’s holdings in Denbury Resources were worth $137,000 as of its most recent SEC filing. The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the DNR is 1.40%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership for the DNR is 83.90%.

Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that DNR. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public. The insider transactions of the company (6-month change in insider ownerships) for the Denbury Resources Inc. (NYSE:DNR) is 3.87%.

Institutional ownership is the amount of a Denbury Resources Inc. (NYSE:DNR)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the DNR is -8.62%.

U.S traded Denbury Resources Inc. (NYSE:DNR) stock tanked -2.36% on Friday and when day-trade ended the stock finally concluded at $1.24 and number of shares that changed hands during the day are 18.51 Million. The number of shares DNR stock currently held by all its shareholders are 472.42 and floated shares, the number of shares are available for trading in an open market on last trading day are 454.85. The average volume of shares for 3 months is 13406.87 and DNR stock value has moved between $1.12 – 6.89 in last one year.

The Denbury Resources Inc. (NYSE:DNR)’s latest earnings date is 8/6/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The profit margin is 18.10% and the stock has gained -27.49% in 2019 to date.

U.S. traded shares of Denbury Resources Inc. (NYSE:DNR)’s monthly stock performance is -17.33%, the quarterly performance is -39.51%, the half year performance is calculated as -29.94%. The yearly performance of DNR is -74.59%.

The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The Denbury Resources Inc. (NYSE:DNR) weekly volatility is measured as 8.67% and monthly volatility measured as 8.72%.

Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. DNR return on assets is 5.50%, the return on equity (ROE) of the Denbury Resources Inc. (NYSE:DNR) is 25.10%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and DNR return on investment is 9.50%.

The price to earnings ratio is 2.21, price to sales ratio is 0.41, and price to book ratio is 0.50, price to cash per share ration is 102.77, price to free cash flow is 1.17.

Analysts mean target price for Denbury Resources Inc. (NYSE:DNR) is $2.32 while analysts mean recommendation is 3.10. The current share price indicates that stock is -81.63% away from its one year high and is moving 11.21% ahead of its 52-week low. DNR’s distance from 20 day simple moving average is -4.69% and distance from 50-Day simple moving average is -27.34%.





Leave a Reply