A new trading day began on Tuesday, with Daqo New Energy Corp ADR (NYSE: DQ) stock price up 7.71% from the previous day of trading, before settling in for the closing price of $17.50. DQ’s price has ranged from $13.62 to $30.85 over the past 52 weeks.
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Annual sales at Technology sector company grew by 91.53% over the past five years. Meanwhile, its annual earnings per share averaged -168.14%. With a float of $65.45 million, this company’s outstanding shares have now reached $65.70 million.
Let’s look at the performance matrix of the company that is accounted for 5765 employees. 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Solar Industry. The insider ownership of Daqo New Energy Corp ADR is 0.39%, while institutional ownership is 43.95%.
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
Here are Daqo New Energy Corp ADR’s current performance indicators. According to the last quarter’s results, the 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 0.94.
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)
Daqo New Energy Corp ADR (NYSE: DQ) saw its 5-day average volume 0.5 million, a negative change from its year-to-date volume of 0.67 million. As of the previous 9 days, the stock’s Stochastic %D was 69.38%. Additionally, its Average True Range was 1.02.
During the past 100 days, Daqo New Energy Corp ADR’s (DQ) raw stochastic average was set at 25.79%, which indicates a significant decrease from 70.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.18% in the past 14 days, which was lower than the 93.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.98, while its 200-day Moving Average is $18.75. Nevertheless, the first resistance level for the watch stands at $19.32 in the near term. At $19.78, the stock is likely to face the second major resistance level. The third major resistance level sits at $20.64. If the price goes on to break the first support level at $18.00, it is likely to go to the next support level at $17.14. The third support level lies at $16.68 if the price breaches the second support level.
Daqo New Energy Corp ADR (NYSE: DQ) Key Stats
With a market capitalization of 1.24 billion, the company has a total of 66,007K Shares Outstanding. Currently, annual sales are 2,308 M while annual income is 429,550 K. The company’s previous quarter sales were 198,500 K while its latest quarter income was -60,720 K.
