A new trading day began on Tuesday, with Daqo New Energy Corp ADR (NYSE: DQ) stock price up 5.18% from the previous day of trading, before settling in for the closing price of $13.13. DQ’s price has ranged from $12.90 to $30.85 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 62.14% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 67.14%. With a float of $65.45 million, this company’s outstanding shares have now reached $65.70 million.
In terms of profitability, gross margin is -20.69%, operating margin of -54.94%, and the pretax margin is -50.34%.
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 50.99%.
Daqo New Energy Corp ADR (DQ) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.46 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 67.14% 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 4.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.20, a number that is poised to hit -0.69 in the next quarter and is forecasted to reach 0.01 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 0.9 million. That was better than the volume of 0.9 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 26.20%. Additionally, its Average True Range was 1.18.
During the past 100 days, Daqo New Energy Corp ADR’s (DQ) raw stochastic average was set at 8.47%, which indicates a significant decrease from 16.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 89.39% in the past 14 days, which was higher than the 68.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.45, while its 200-day Moving Average is $18.47. However, in the short run, Daqo New Energy Corp ADR’s stock first resistance to watch stands at $14.08. Second resistance stands at $14.34. The third major resistance level sits at $14.72. If the price goes on to break the first support level at $13.44, it is likely to go to the next support level at $13.06. The third support level lies at $12.80 if the price breaches the second support level.
Daqo New Energy Corp ADR (NYSE: DQ) Key Stats
With a market capitalization of 907.32 million, the company has a total of 66,007K Shares Outstanding. Currently, annual sales are 1,029 M while annual income is -345,220 K. The company’s previous quarter sales were 195,360 K while its latest quarter income was -180,180 K.
