Daqo New Energy Corp ADR (NYSE: DQ) on Friday, soared 6.15% from the previous trading day, before settling in for the closing price of $17.89. Within the past 52 weeks, DQ’s price has moved between $13.62 and $30.03.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 76.43%. The company achieved an average annual earnings per share of -145.51%. With a float of $65.02 million, this company’s outstanding shares have now reached $65.70 million.
Considering the fact that the conglomerate employs 5765 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 4.25%, operating margin of -6.2%, and the pretax margin is -0.18%.
Daqo New Energy Corp ADR (DQ) Breakdown of a Key Holders of the stock
Observing investor behavior towards Solar industry stocks is more important than anything else. The insider ownership of Daqo New Energy Corp ADR is 1.04%, while institutional ownership is 43.79%.
Daqo New Energy Corp ADR (DQ) Recent Fiscal highlights
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.09 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.94) by -1.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -145.51% per share during the next fiscal year.
Daqo New Energy Corp ADR (NYSE: DQ) Trading Performance Indicators
Daqo New Energy Corp ADR (DQ) is currently performing well based on its current performance indicators. A quick ratio of 4.27 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.02, a number that is poised to hit -0.31 in the next quarter and is forecasted to reach -0.42 in one year’s time.
Technical Analysis of Daqo New Energy Corp ADR (DQ)
Compared to the last year’s volume of 1.07 million, its volume of 0.77 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 11.28%. Additionally, its Average True Range was 1.54.
During the past 100 days, Daqo New Energy Corp ADR’s (DQ) raw stochastic average was set at 38.28%, which indicates a significant increase from 13.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 123.98% in the past 14 days, which was higher than the 79.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.32, while its 200-day Moving Average is $19.82. Nevertheless, the first resistance level for the watch stands at $19.28 in the near term. At $19.56, the stock is likely to face the second major resistance level. The third major resistance level sits at $19.88. If the price goes on to break the first support level at $18.68, it is likely to go to the next support level at $18.36. Now, if the price goes above the second support level, the third support stands at $18.08.
Daqo New Energy Corp ADR (NYSE: DQ) Key Stats
Market capitalization of the company is 1.25 billion based on 66,007K outstanding shares. Right now, sales total 2,308 M and income totals 429,550 K. The company made 219,910 K in profit during its latest quarter, and -119,780 K in sales during its previous quarter.
