Daqo New Energy Corp ADR (NYSE: DQ) is -1.95% lower on its value in year-to-date trading and has touched a low of $13.62 and a high of $30.85 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DQ stock was last observed hovering at around $18.92 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $19.06, the stock is -8.92% and -3.46% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.83 million and changing 0.74% at the moment leaves the stock 1.36% off its SMA200. DQ registered -15.25% loss for a year compared to 6-month gain of 26.81%.
The stock witnessed a 3.98% loss in the last 1 month and extending the period to 3 months gives it a -11.96%, and is -5.88% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.88% over the week and 6.94% over the month.
Daqo New Energy Corp ADR (DQ) has around 5765 employees, a market worth around $1.25B and $1.03B in sales. Profit margin for the company is -33.55%. Distance from 52-week low is 39.94% and -38.22% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.34%).
with sales reaching $176.81M over the same period.The EPS is expected to grow by 61.00% this year, but quarterly earnings will post -17.04% year-over-year. Quarterly sales are estimated to shrink -57.43% in year-over-year returns.
Daqo New Energy Corp ADR (DQ) Top Institutional Holders
The shares outstanding are 65.70M, and float is at 65.45M with Short Float at 5.85%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 2.01 million shares valued at $29.3 million. The investor’s holdings represent 3.0539% of the DQ Shares outstanding. As of 2024-06-30, the second largest holder is INVESCO LTD. with 1.63 million shares valued at $23.75 million to account for 2.4758 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 1.16 million shares representing 1.7699% and valued at over $16.98 million, while CONTINENTAL GENERAL INSURANCE CO holds 1.5561 of the shares totaling 5.14 million with a market value of $74.98 million.
Daqo New Energy Corp ADR (DQ) Insider Activity
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