Denbury Resources (DNR) Shares Cross Below 200 DMA

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In trading on Thursday, shares of Denbury Resources, Inc. (Symbol: DNR) crossed below their 200 day moving average of $17.04, changing hands as low as $16.94 per share. Denbury Resources, Inc. shares are currently trading down about 2% on the day. The chart below shows the one year performance of DNR shares, versus its 200 day moving average: Denbury Resources, Inc. 200 Day Moving Average Chart

Looking at the chart above, DNR's low point in its 52 week range is $15.56 per share, with $19.61 as the 52 week high point - that compares with a last trade of $16.95.

According to the ETF Finder at ETF Channel, DNR makes up 2.13% of the Guggenheim S&P 500 Equal Weight Energy ETF (Symbol: RYE) which is trading lower by about 2% on the day Thursday.

Click here to find out which 9 other energy stocks recently crossed below their 200 day moving average »




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , Commodities

Referenced Stocks: DNR , RYE

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