Daqo New Energy Corp ADR (NYSE:DQ)’s traded shares stood at 1.01 million during the last session, with the company’s beta value hitting 0.31. At the close of trading, the stock’s price was $20.74, to imply a decrease of -4.03% or -$0.87 in intraday trading. The DQ share’s 52-week high remains $30.85, putting it -48.75% down since that peak but still an impressive 34.33% since price per share fell to its 52-week low of $13.62. The company has a valuation of $1.36B, with an average of 1.29 million shares in intraday trading volume over the past 10 days and average of 1.44 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Daqo New Energy Corp ADR (DQ), translating to a mean rating of 1.60. Of 3 analyst(s) looking at the stock, 1 analyst(s) give DQ a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 1 recommend it as a Buy.
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Daqo New Energy Corp ADR (NYSE:DQ) trade information
After registering a -4.03% downside in the last session, Daqo New Energy Corp ADR (DQ) has traded red over the past five days. The 5-day price performance for the stock is -2.63%, and 11.75% over 30 days. With these gigs, the year-to-date price performance is -22.03%. Short interest in Daqo New Energy Corp ADR (NYSE:DQ) saw shorts transact 3.68 million shares and set a 1.51 days time to cover.
The extremes give us $12.51 and $35.54 for target low and target high price respectively. As such, DQ has been trading -71.36% off suggested target high and 39.68% from its likely low.
Daqo New Energy Corp ADR (DQ) estimates and forecasts
Looking at statistics comparing Daqo New Energy Corp ADR share performance against respective industry, we note that the company has underperformed competitors. Daqo New Energy Corp ADR (DQ) shares are 8.36% up over the last 6 months, with its year-to-date growth rate lower than industry average at -162.28% against 13.60%.
DQ Dividends
Daqo New Energy Corp ADR has its next earnings report out in December. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is FIL LTD with 2.72 million shares, or about 4.1444% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $39.76 million.
