Worth Watching Stocks: Denbury Resources Inc. (NYSE:DNR) , Continental Resources, Inc. (NYSE:CLR)

On 11/30/2016, Shares of Denbury Resources Inc. (NYSE:DNR) closed at $3.78 in last trading day. After noting the initial trading entry at $3.25, it reached to a day’s high of $3.79 and moved to a day’s low of $3.15. The recent daily volume was 35.61 million as contrast to it’s an average volume of 10.86 million.

Technical Indicators:

The last close of the Denbury Resources Inc. stock reflects that it traded up +34.34% from its 50-day moving average of $2.81. The stock traded above +16.03% to its 200-day MA of $3.26. Furthermore, it moved  lower -21.25% from its 52-week high of $4.80 and +339.53% up from $0.86, which is 52-week low of the stock.

The 14 analysts offering 12-month price forecasts for Denbury Resources Inc have a median target of 3.00, with a high estimate of 5.00 and a low estimate of 1.25. The median estimate represents a -20.63% decrease from the last price of 3.78, according to CNN MONEY.

The current consensus among 18 polled investment analysts is to hold stock in Denbury Resources Inc. This rating has held steady since November, when it was unchanged from a hold rating.

Continental Resources, Inc. (NYSE:CLR) finalized the last transaction at value of $58.01, with a daily change of +22.88% or +10.80 points. The company maintained volume of 12.95 million shares. In past trading day, the stock hit the maximum price of $58.86 and touched to minimum value of $52.37. It has a market cap of $ 21.49B.

Technical Indicators:

As of last trade close, the stock is trading  downside -1.44% from its one year high of $58.86 and moved +316.14%  upward from $13.94, which is one year low of the stock.

The stock traded above +15.99% from its 50-day moving average of $50.01. Furthermore, the stock moved up +24.17% to its 200-day MA of $ 46.72.

According to CNN MONEY data, The 36 analysts offering 12-month price forecasts for Continental Resources Inc have a median target of 56.00, with a high estimate of 70.00 and a low estimate of 37.00. The median estimate represents a -3.46% decrease from the last price of 58.01.

The current consensus among 37 polled investment analysts is to buy stock in Continental Resources Inc. This rating has held steady since November, when it was unchanged from a buy rating

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