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The price of Daqo New Energy Corp ADR (NYSE: DQ) closed at $18.80 in the last session, down -2.13% from day before closing price of $19.21. In other words, the price has decreased by -$2.13 from its previous closing price. On the day, 0.73 million shares were traded. DQ stock price reached its highest trading level at $18.975 during the session, while it also had its lowest trading level at $18.33.
Ratios:
We take a closer look at DQ’s different ratios to gain a better understanding of the stock. 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 1236288000 and an Enterprise Value of 5537886720. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.94 while its Price-to-Book (P/B) ratio in mrq is 0.26. Its current Enterprise Value per Revenue stands at 4.227 whereas that against EBITDA is 560.912.
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 -8.26%, while the 200-Day Moving Average is calculated to be -5.84%.
Shares Statistics:
According to the various share statistics, DQ traded on average about 1.48M shares per day over the past 3-months and 829500 shares per day over the past 10 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 43.38% stake in the company. Shares short for DQ as of 1730332800 were 3675265 with a Short Ratio of 2.49, compared to 1727654400 on 3566442. Therefore, it implies a Short% of Shares Outstanding of 3675265 and a Short% of Float of 8.0.
