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After finishing at $18.08 in the prior trading day, Daqo New Energy Corp ADR (NYSE: DQ) closed at $19.44, up 7.52%. In other words, the price has increased by $7.52 from its previous closing price. On the day, 2.05 million shares were traded. DQ stock price reached its highest trading level at $19.7429 during the session, while it also had its lowest trading level at $18.44.
Ratios:
Our goal is to gain a better understanding of DQ by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.28 and its Current Ratio is at 4.61. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
HSBC Securities Upgraded its Reduce to Hold on August 27, 2024, while the target price for the stock was maintained at $15.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DQ now has a Market Capitalization of 1278374400 and an Enterprise Value of 5750068736. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.97 while its Price-to-Book (P/B) ratio in mrq is 0.27. Its current Enterprise Value per Revenue stands at 4.389 whereas that against EBITDA is 582.403.
Stock Price History:
Over the past 52 weeks, DQ has reached a high of $30.85, while it has fallen to a 52-week low of $13.62. The 50-Day Moving Average of the stock is -7.64%, while the 200-Day Moving Average is calculated to be -2.83%.
Shares Statistics:
The stock has traded on average 1.51M shares per day over the past 3-months and 995180 shares per day over the last 10 days, according to various share statistics. A total of 65.70M shares are outstanding, with a floating share count of 65.18M. Insiders hold about 0.80% of the company’s shares, while institutions hold 43.34% stake in the company. Shares short for DQ as of 1731628800 were 3664608 with a Short Ratio of 2.43, compared to 1728950400 on 3920800. Therefore, it implies a Short% of Shares Outstanding of 3664608 and a Short% of Float of 7.9799999999999995.
