Daqo New Energy Corp. (NYSE: DQ) started the day on December 14, 2021, with a price decrease of -4.33% at $41.93. During the day, the stock rose to $42.62 and sunk to $39.70 before settling in for the price of $43.83 at the close. Taking a more long-term approach, DQ posted a 52-week range of $40.98-$130.33.
The Technology Sector giants’ yearly sales growth during the last 5-year period was 30.00%. Meanwhile, its Annual Earning per share during the time was 47.40%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 324.10%. This publicly-traded company’s shares outstanding now amounts to $74.05 million, simultaneously with a float of $70.13 million. The organization now has a market capitalization sitting at $3.12 billion. At the time of writing, stock’s 50-day Moving Average stood at $62.62, while the 200-day Moving Average is $66.39.
While finding the extent of efficiency of the company that is accounted for 1896 employees. It has generated 356,330 per worker during the last fiscal year. Meanwhile, its income per employee was 68,215. The stock had 226.86 Receivables turnover and 0.55 Total Asset turnover. For the Profitability, stocks gross margin was +34.63, operating margin was +27.78 and Pretax Margin of +24.00.
Daqo New Energy Corp. (DQ) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Semiconductor Equipment & Materials Industry. Daqo New Energy Corp.’s current insider ownership accounts for 76.40%, in contrast to 56.10% institutional ownership.
Daqo New Energy Corp. (DQ) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 6/29/2021, the organization reported $3.03 earnings per share (EPS) for the three months, lower than the consensus estimate (set at $3.29) by -$0.26. This company achieved a net margin of +19.14 while generating a return on equity of 19.39. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.05 per share during the current fiscal year.
Daqo New Energy Corp.’s EPS increase for this current 12-month fiscal period is 324.10% and is forecasted to reach 12.51 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 74.87% through the next 5 years, which can be compared against the 47.40% growth it accomplished over the previous five years trading on the market.
Daqo New Energy Corp. (NYSE: DQ) Trading Performance Indicators
Let’s observe the current performance indicators for Daqo New Energy Corp. (DQ). It’s Quick Ratio in the last reported quarter now stands at 3.40. The Stock has managed to achieve an average true range (ATR) of 3.83. Alongside those numbers, its PE Ratio stands at $4.71, and its Beta score is 0.95. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.04.
In the same vein, DQ’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 8.89, a figure that is expected to reach 4.58 in the next quarter, and analysts are predicting that it will be 12.51 at the market close of one year from today.
Technical Analysis of Daqo New Energy Corp. (DQ)
If we take a close look at the recent performances of Daqo New Energy Corp. (NYSE: DQ), its last 5-days Average volume was 1.26 million that shows plunge from its year to date volume of 2.46 million. During the previous 9 days, stock’s Stochastic %D was recorded 14.57% While, its Average True Range was 3.80.
Raw Stochastic average of Daqo New Energy Corp. (DQ) in the period of the previous 100 days is set at 5.39%, which indicates a major fall in contrast to 10.26% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 71.71% that was lower than 75.57% volatility it exhibited in the past 100-days period.