Daqo New Energy Corp ADR (NYSE:DQ)’s traded shares stood at 0.42 million during the latest session, with the company’s beta value hitting 0.66. At the last check today, the stock’s price was $13.36, to imply a decrease of -2.05% or -$0.28 in intraday trading. The DQ share’s 52-week high remains $30.85, putting it -130.91% down since that peak but still an impressive 3.44% since price per share fell to its 52-week low of $12.90. The company has a valuation of $877.75M, with an average of 1.27 million shares in intraday trading volume over the past 10 days and average of 898.17K 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 1.67. 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. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.73.
Daqo New Energy Corp ADR (NYSE:DQ) trade information
After registering a -2.05% downside in the latest session, Daqo New Energy Corp ADR (DQ) has traded red over the past five days. The 5-day price performance for the stock is -13.86%, and -28.52% over 30 days. With these gigs, the year-to-date price performance is -31.28%. Short interest in Daqo New Energy Corp ADR (NYSE:DQ) saw shorts transact 3.05 million shares and set a 3.44 days time to cover.
The extremes give us $35.54 and $35.54 for target low and target high price respectively. As such, DQ has been trading -166.02% off suggested target high and -166.02% from its likely low.
Daqo New Energy Corp ADR (DQ) estimates and forecasts
The rating firms project that company’s revenue will shrink -17.04% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 176.81M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 205.16M.Earnings reports from the last fiscal year show that sales brought in 415.31M and 219.91M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -57.43% before dropping -6.71% in the following quarter.
DQ Dividends
Daqo New Energy Corp ADR has its next earnings report out on 2025-Feb-26. 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.
Daqo New Energy Corp ADR (NYSE:DQ)’s Major holders
Daqo New Energy Corp ADR insiders hold 4.85% of total outstanding shares, with institutional holders owning 51.34% of the shares at 53.95% float percentage. In total, 51.34% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 2.01 million shares (or 3.0539% of shares), all amounting to roughly $29.3 million.
The next major institution holding the largest number of shares is INVESCO LTD. with 1.63 million shares, or about 2.4758% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $23.75 million.
We also have Invesco Exchange-Traded Fund Trust II-Invesco Solar ETF and VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund as the top two Mutual Funds with the largest holdings of the Daqo New Energy Corp ADR (DQ) shares. Going by data provided on Mar 31, 2025 , Invesco Exchange-Traded Fund Trust II-Invesco Solar ETF holds roughly 1.22 shares. This is just over 1.84% of the total shares, with a market valuation of $16.23 million. Data from the same date shows that the other fund manager holds a little less at 618.28, or 0.94% of the shares, all valued at about 8.25 million.
