Daqo New Energy Corp ADR (DQ) plunge -12.91% in a week: will this be a lucky break through?

As on Wednesday, Daqo New Energy Corp ADR (NYSE: DQ) started slowly as it slid -4.15% to $22.39, before settling in for the price of $23.36 at the close. Taking a more long-term approach, DQ posted a 52-week range of $17.30-$48.31.

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The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded 76.43%. Meanwhile, its Annual Earning per share during the time was 55.83%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -33.71%. This publicly-traded company’s shares outstanding now amounts to $74.98 million, simultaneously with a float of $74.55 million. The organization now has a market capitalization sitting at $1.68 billion. At the time of writing, stock’s 50-day Moving Average stood at $23.80, while the 200-day Moving Average is $27.73.

Daqo New Energy Corp ADR (DQ) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Solar industry. Daqo New Energy Corp ADR’s current insider ownership accounts for 0.58%, in contrast to 45.12% institutional ownership.

Daqo New Energy Corp ADR (DQ) Earnings and Revenue Records

Daqo New Energy Corp ADR’s EPS decrease for this current 12-month fiscal period is -33.71% and is forecasted to reach 6.25 in the upcoming year.

Daqo New Energy Corp ADR (NYSE: DQ) Trading Performance Indicators

Let’s observe the current performance indicators for Daqo New Energy Corp ADR (DQ). It’s Quick Ratio in the last reported quarter now stands at 4.00. The Stock has managed to achieve an average true range (ATR) of 1.34. Alongside those numbers, its PE Ratio stands at $4.12, and its Beta score is 0.27. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.73.

In the same vein, DQ’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 5.44, a figure that is expected to reach 0.56 in the next quarter, and analysts are predicting that it will be 6.25 at the market close of one year from today.

Technical Analysis of Daqo New Energy Corp ADR (DQ)

Through scrutinizing the latest numbers posted by the [Daqo New Energy Corp ADR, DQ], it can be observed that its last 5-days Average volume of 0.71 million was lower the volume of 1.27 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 6.96% While, its Average True Range was 1.31.

Raw Stochastic average of Daqo New Energy Corp ADR (DQ) in the period of the previous 100 days is set at 39.98%, which indicates a major rise in contrast to 0.15% 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 52.06% that was lower than 54.98% volatility it exhibited in the past 100-days period.