With 135.51 million shares changed hands, the volume of the stock remained heavier than its average volume of 83.86 million shares. The 52-week range on DNN shows that it touched its highest point at $2.47 and its lowest point at $1.08 during that stretch. It currently has a 1-year price target of $2.65. Beta for the stock currently stands at 1.47.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DNN was down-trending over the past week, with a drop of -1.21%, but this was up by 5.84% over a month. Three-month performance surged to 14.79% while six-month performance fell -28.82%. The stock lost -22.38% in the past year, while it has lost -9.44% so far this year. A look at the trailing 12-month EPS for DNN yields -0.09 with Next year EPS estimates of -0.03. For the next quarter, that number is -0.01. This implies an EPS growth rate of -4.01% for this year and 56.66% for next year. EPS is expected to grow by 34.91% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -26.28%.
Float and Shares Shorts:
At present, 896.21 million DNN shares are outstanding with a float of 885.12 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DNN since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.03604131 being high and -$0.07285963 being low. For DNN, this leads to a yearly average estimate of -$0.05445047.
