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The closing price of Daqo New Energy Corp ADR (NYSE: DQ) was $20.24 for the day, up 4.12% from the previous closing price of $19.44. In other words, the price has increased by $4.12 from its previous closing price. On the day, 0.64 million shares were traded. DQ stock price reached its highest trading level at $20.5292 during the session, while it also had its lowest trading level at $19.415.
Ratios:
Our analysis of DQ’s different ratios will help us gain a deeper understanding of the company. 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 1330982400 and an Enterprise Value of 6015296000. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.01 while its Price-to-Book (P/B) ratio in mrq is 0.28. Its current Enterprise Value per Revenue stands at 4.592 whereas that against EBITDA is 609.267.
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 -0.45%, while the 200-Day Moving Average is calculated to be 3.73%.
Shares Statistics:
DQ traded an average of 1.52M shares per day over the past three months and 893550 shares per day over the past ten days. 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 43.43% stake in the company. Shares short for DQ as of 1734048000 were 3535323 with a Short Ratio of 2.33, compared to 1731628800 on 3664608. Therefore, it implies a Short% of Shares Outstanding of 3535323 and a Short% of Float of 7.7.
