On Tuesday, Daqo New Energy Corp ADR (NYSE: DQ) opened lower -4.61% from the last session, before settling in for the closing price of $19.07. Price fluctuations for DQ have ranged from $13.62 to $30.85 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 91.53% annually for the last half of the decade. Company’s average yearly earnings per share was noted -168.14% at the time writing. With a float of $65.18 million, this company’s outstanding shares have now reached $65.70 million.
In an organization with 5765 employees, it is important to assess its efficiency. 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) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Solar industry is another important factor to consider. The insider ownership of Daqo New Energy Corp ADR is 0.80%, while institutional ownership is 43.91%.
Daqo New Energy Corp ADR (DQ) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -168.14% per share during the next fiscal year.
Daqo New Energy Corp ADR (NYSE: DQ) Trading Performance Indicators
Check out the current performance indicators for Daqo New Energy Corp ADR (DQ). In the past quarter, the stock posted a quick ratio of 4.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.85, a number that is poised to hit -2.08 in the next quarter and is forecasted to reach -2.05 in one year’s time.
Technical Analysis of Daqo New Energy Corp ADR (DQ)
Let’s dig in a bit further. During the last 5-days, its volume was 0.62 million. That was inferior than the volume of 0.72 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 17.73%. Additionally, its Average True Range was 1.17.
During the past 100 days, Daqo New Energy Corp ADR’s (DQ) raw stochastic average was set at 25.31%, which indicates a significant increase from 21.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.42% in the past 14 days, which was lower than the 93.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.52, while its 200-day Moving Average is $19.11. However, in the short run, Daqo New Energy Corp ADR’s stock first resistance to watch stands at $18.66. Second resistance stands at $19.14. The third major resistance level sits at $19.89. If the price goes on to break the first support level at $17.43, it is likely to go to the next support level at $16.68. The third support level lies at $16.20 if the price breaches the second support level.
Daqo New Energy Corp ADR (NYSE: DQ) Key Stats
There are currently 66,007K shares outstanding in the company with a market cap of 1.20 billion. Presently, the company’s annual sales total 2,308 M according to its annual income of 429,550 K. Last quarter, the company’s sales amounted to 198,500 K and its income totaled -60,720 K.