Daqo New Energy Corp ADR (NYSE: DQ) kicked off on Friday, up 3.94% from the previous trading day, before settling in for the closing price of $22.58. Over the past 52 weeks, DQ has traded in a range of $13.62-$30.85.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 76.43%. While this was happening, its average annual earnings per share was recorded -146.73%. With a float of $65.02 million, this company’s outstanding shares have now reached $65.70 million.
The extent of productivity of a business whose workforce counts for 5765 workers is very important to gauge. In terms of profitability, gross margin is -4.61%, operating margin of -16.83%, and the pretax margin is -10.0%.
Daqo New Energy Corp ADR (DQ) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Solar Industry. The insider ownership of Daqo New Energy Corp ADR is 1.04%, while institutional ownership is 43.89%.
Daqo New Energy Corp ADR (DQ) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.64 earnings per share (EPS), lower than consensus estimate (set at 0.84) by -0.2. Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -146.73% per share during the next fiscal year.
Daqo New Energy Corp ADR (NYSE: DQ) Trading Performance Indicators
Take a look at Daqo New Energy Corp ADR’s (DQ) current performance indicators. Last quarter, stock had a quick ratio of 4.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.85, a number that is poised to hit -0.86 in the next quarter and is forecasted to reach -0.57 in one year’s time.
Technical Analysis of Daqo New Energy Corp ADR (DQ)
The latest stats from [Daqo New Energy Corp ADR, DQ] show that its last 5-days average volume of 5.37 million was superior to 1.19 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 31.20%. Additionally, its Average True Range was 2.44.
During the past 100 days, Daqo New Energy Corp ADR’s (DQ) raw stochastic average was set at 57.17%, which indicates a significant increase from 44.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 150.27% in the past 14 days, which was higher than the 92.20% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.75, while its 200-day Moving Average is $19.84. Now, the first resistance to watch is $23.89. This is followed by the second major resistance level at $24.32. The third major resistance level sits at $25.13. If the price goes on to break the first support level at $22.65, it is likely to go to the next support level at $21.84. Assuming the price breaks the second support level, the third support level stands at $21.41.
Daqo New Energy Corp ADR (NYSE: DQ) Key Stats
The company with the Market Capitalisation of 1.54 billion has total of 66,007K Shares Outstanding. Its annual sales at the moment are 2,308 M in contrast with the sum of 429,550 K annual income. Company’s last quarter sales were recorded 219,910 K and last quarter income was -119,780 K.
