Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Daqo New Energy Corp ADR (NYSE: DQ) was $20.47 for the day, down -6.61% from the previous closing price of $21.92. In other words, the price has decreased by -$6.61 from its previous closing price. On the day, 0.6 million shares were traded. DQ stock price reached its highest trading level at $21.375 during the session, while it also had its lowest trading level at $20.25.
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 1346107136 and an Enterprise Value of 6091549184. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.03 while its Price-to-Book (P/B) ratio in mrq is 0.29. Its current Enterprise Value per Revenue stands at 4.65 whereas that against EBITDA is 616.991.
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 1.32%, while the 200-Day Moving Average is calculated to be 5.54%.
Shares Statistics:
DQ traded an average of 1.43M shares per day over the past three months and 1048320 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 2.48, compared to 1731628800 on 3664608. Therefore, it implies a Short% of Shares Outstanding of 3535323 and a Short% of Float of 7.7.
