Daqo New Energy Corp ADR (NYSE: DQ) kicked off on Monday, up 3.52% from the previous trading day, before settling in for the closing price of $13.91. Over the past 52 weeks, DQ has traded in a range of $12.40-$30.85.
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A company in the Technology sector has jumped its sales by 24.07% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 29.51%. With a float of $66.17 million, this company’s outstanding shares have now reached $66.75 million.
In an organization with 4749 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -49.69%, operating margin of -96.46%, and the pretax margin is -90.23%.
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 0.87%, while institutional ownership is 50.08%.
Daqo New Energy Corp ADR (DQ) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.39 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 29.51% 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 5.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -6.51, a number that is poised to hit -0.79 in the next quarter and is forecasted to reach -1.61 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 0.51 million. That was inferior than the volume of 0.83 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 51.77%. Additionally, its Average True Range was 0.69.
During the past 100 days, Daqo New Energy Corp ADR’s (DQ) raw stochastic average was set at 17.74%, which indicates a significant decrease from 64.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.95% in the past 14 days, which was lower than the 65.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.96, while its 200-day Moving Average is $18.02. However, in the short run, Daqo New Energy Corp ADR’s stock first resistance to watch stands at $14.65. Second resistance stands at $14.90. The third major resistance level sits at $15.21. If the price goes on to break the first support level at $14.09, it is likely to go to the next support level at $13.78. Assuming the price breaks the second support level, the third support level stands at $13.53.
Daqo New Energy Corp ADR (NYSE: DQ) Key Stats
The company with the Market Capitalisation of 961.20 million has total of 67,057K Shares Outstanding. Its annual sales at the moment are 1,029 M in contrast with the sum of -345,220 K annual income. Company’s last quarter sales were recorded 123,910 K and last quarter income was -71,840 K.
