Daqo New Energy Corp ADR (DQ) volume exceeds 0.56 million: A new investment opportunity for investors

Daqo New Energy Corp ADR (NYSE: DQ) kicked off on Friday, down -4.42% from the previous trading day, before settling in for the closing price of $20.14. Over the past 52 weeks, DQ has traded in a range of $13.62-$30.85.

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Technology Sector giant saw their annual sales surged by 76.43% over the last five years. While this was happening, its average annual earnings per share was recorded -147.47%. With a float of $65.18 million, this company’s outstanding shares have now reached $65.70 million.

The firm has a total of 5765 workers. Let’s measure their productivity. In terms of profitability, gross margin is -4.61%, operating margin of -16.75%, and the pretax margin is -10.0%.

Daqo New Energy Corp ADR (DQ) Breakdown of a Key Holders of the stock

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 0.80%, while institutional ownership is 43.38%.

Daqo New Energy Corp ADR (DQ) Recent Fiscal highlights

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 -147.47% 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 0.96.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.85, a number that is poised to hit -0.69 in the next quarter and is forecasted to reach -0.62 in one year’s time.

Technical Analysis of Daqo New Energy Corp ADR (DQ)

Analysing the last 5-days average volume posted by the [Daqo New Energy Corp ADR, DQ], we can find that recorded value of 0.98 million was lower than the volume posted last year of 1.19 million. As of the previous 9 days, the stock’s Stochastic %D was 7.78%. Additionally, its Average True Range was 1.92.

During the past 100 days, Daqo New Energy Corp ADR’s (DQ) raw stochastic average was set at 32.68%, which indicates a significant increase from 0.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 113.47% in the past 14 days, which was higher than the 92.41% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $20.10, while its 200-day Moving Average is $19.95. Now, the first resistance to watch is $19.85. This is followed by the second major resistance level at $20.44. The third major resistance level sits at $20.77. If the price goes on to break the first support level at $18.93, it is likely to go to the next support level at $18.60. Now, if the price goes above the second support level, the third support stands at $18.01.

Daqo New Energy Corp ADR (NYSE: DQ) Key Stats

The company with the Market Capitalisation of 1.26 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 198,500 K and last quarter income was -60,720 K.