In the latest trading session,, 1.12 million Daqo New Energy Corp ADR (NYSE:DQ) shares changed hands as the company’s beta touched 0.46. With the company’s most recent per share price at $23.4 changing hands around $2.34 or 11.12% at last look, the market valuation stands at $1.56B. DQ’s current price is a discount, trading about -31.84% off its 52-week high of $30.85. The share price had its 52-week low at $12.40, which suggests the last value was 47.01% up since then. When we look at Daqo New Energy Corp ADR’s average trading volume, we note the 10-day average is 1.77 million shares, with the 3-month average coming to 956.07K.
Analysts gave the Daqo New Energy Corp ADR (DQ) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 1 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended DQ as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
Daqo New Energy Corp ADR (NYSE:DQ) trade information
Instantly DQ is in green as seen in intraday trades today. With action 18.61%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 40.55%, with the 5-day performance at 18.61% in the green. However, in the 30-day time frame, Daqo New Energy Corp ADR (NYSE:DQ) is 68.47% up. Looking at the short shares, we see there were 3.22 million shares sold at short interest cover period of 5.14 days.
The consensus price target for the stock as assigned by Wall Street analysts is 30.51, meaning bulls need an upside of 23.3% from its recent market value. According to analyst projections, DQ’s forecast low is 30.51 with 30.51 as the target high. To hit the forecast high, the stock’s price needs a -30.38% plunge from its current level, while the stock would need to soar -30.38% for it to hit the projected low.
The 2025 estimates are for Daqo New Energy Corp ADR earnings to increase by 27.16%.
DQ Dividends
Daqo New Energy Corp ADR is expected to release its next quarterly earnings report on 2025-Apr-29.
Daqo New Energy Corp ADR (NYSE:DQ)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 18.13% of Daqo New Energy Corp ADR shares while 51.03% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 62.32%. There are 51.03% institutions holding the Daqo New Energy Corp ADR stock share, with CONTINENTAL GENERAL INSURANCE CO the top institutional holder. As of 2024-06-30, the company held 1.5561% of the shares, roughly 5.14 million DQ shares worth $74.98 million.
FIL LTD holds the second largest percentage of outstanding shares, with 0.8251% or 2.72 million shares worth $39.76 million as of 2024-06-30.
