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OilStockReport

04/11/11 1:37 PM

#1694 RE: Uhhhhdel #1693

Folks are predicting a breakout w/ DEJ. What are your thoughts?


Dejour Energy, Inc., (DEJ) is trading around 44 cents. DEJ is an oil and gas company based in Canada. These shares have a 52 week range of 28 cents and 53 cents. The 50 day moving average is 36 cents and the 200 day moving average is 33 cents.
Fundamentals: Earnings estimates for DEJ are for a loss of 5 cents in 2011 and a loss of 2 cents per share in 2012. Book value is stated at 38 cents. There is a lot to like about this company. It has an experienced and highly successful management team led by Robert Hodgkinson and it recently announced a joint venture with a NYSE listed company which should lead to more drilling soon.