Denbury Inc. [DEN] stock is up 2.80 while the S&P 500 has fallen -1.17% on Wednesday, 11/18/20. While at the time of this article, DEN ATR is sitting at 0.91. This stock’s volatility for the past week remained at 4.70%, while it was 5.23% for the past 30-day period. DEN has risen $0.51 from the previous closing price of $18.20 on volume of 0.86 million shares.

On 16, November 2020, Denbury Reports Third Quarter 2020 Results and Announces November 17th Third Quarter Conference Call. According to news published on Yahoo Finance, Denbury Inc. (NYSE: DEN) (Denbury or the Company) today announced its third quarter 2020 financial and operating results.

In the past 52 weeks of trading, this stock has oscillated between a low of $15.43 and a peak of $21.00. Right now, according to Wall Street analyst the average 12-month amount target is $28.50. At the most recent market close, shares of Denbury Inc. [NYSE:DEN] were valued at $18.71. According to the average price forecast, investors can expect a potential return of 0.0%.

FUNDAMENTAL ANALYSIS

Denbury Inc. [NYSE:DEN] most recently reported quarterly sales of 117.38 billion, which represented growth of -65.70%. This publicly-traded organization’s revenue is $1,563,722 per employee, while its income is $269,180 per employee. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 4.43, 16.99, 9.11 and 5.99 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 61.11 and the whole liability to whole assets at 45.71. It shows enduring liability to the whole principal at 60.47 and enduring liability to assets at 0.45 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 18.12 points at 1st support level, the second support level is making up to 17.54. But as of 1st resistance point, this stock is sitting at 19.22 and at 19.74 for 2nd resistance point.

Denbury Inc. [DEN] reported its earnings at -$0.07 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.04/share signifying the difference of -0.03 and -75.00% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were $0.06 calling estimates for $0.02/share with the difference of 0.04 depicting the surprise of 200.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Denbury Inc. [NYSE:DEN] is 0.20. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.00. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.57 and it’s amount to book ratio is 0.51.

Insider Stories

The most recent insider trade was by GOLDENTREE ASSET MANAGEMENT LP, 10% Owner, and it was the sale of 55722.0 shares on Nov 17. GOLDENTREE ASSET MANAGEMENT LP, the 10% Owner, completed a sale of 30211.0 shares on Nov 16. On Nov 13, GOLDENTREE ASSET MANAGEMENT LP, 10% Owner, completed a sale of 15002.0 shares.