In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, Daqo New Energy Corp ADR (NYSE: DQ) closed at $13.81 up 1.25% from its previous closing price of $13.64. In other words, the price has increased by $1.25 from its previous closing price. On the day, 1.37 million shares were traded. DQ stock price reached its highest trading level at $13.88 during the session, while it also had its lowest trading level at $13.17.
Ratios:
For a deeper understanding of Daqo New Energy Corp ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.76 and its Current Ratio is at 5.05. 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 908145600 and an Enterprise Value of 3960899584. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.88 while its Price-to-Book (P/B) ratio in mrq is 0.19. Its current Enterprise Value per Revenue stands at 3.849 whereas that against EBITDA is -22.02.
Stock Price History:
The Beta on a monthly basis for DQ is 0.66, which has changed by -0.41803622 over the last 52 weeks, in comparison to a change of 0.059571505 over the same period for the S&P500. Over the past 52 weeks, DQ has reached a high of $30.85, while it has fallen to a 52-week low of $12.90. The 50-Day Moving Average of the stock is -27.52%, while the 200-Day Moving Average is calculated to be -25.36%.
Shares Statistics:
For the past three months, DQ has traded an average of 898.17K shares per day and 1320140 over the past ten days. A total of 65.70M shares are outstanding, with a floating share count of 65.45M. Insiders hold about 0.39% of the company’s shares, while institutions hold 50.09% stake in the company. Shares short for DQ as of 1743379200 were 3934019 with a Short Ratio of 4.38, compared to 1740700800 on 3048624.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
