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The closing price of Daqo New Energy Corp ADR (NYSE: DQ) was $20.71 for the day, up 1.67% from the previous closing price of $20.37. In other words, the price has increased by $1.67 from its previous closing price. On the day, 1.08 million shares were traded. DQ stock price reached its highest trading level at $20.7792 during the session, while it also had its lowest trading level at $19.74.
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 4.27 and its Current Ratio is at 4.57. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
HSBC Securities Downgraded its Hold to Reduce on May 06, 2024, whereas the target price for the stock was revised from $23.50 to $17.50.
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 1361889536 and an Enterprise Value of 6034655744. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.85 while its Price-to-Book (P/B) ratio in mrq is 0.30. Its current Enterprise Value per Revenue stands at 3.78 whereas that against EBITDA is 50.74.
Stock Price History:
Over the past 52 weeks, DQ has reached a high of $30.09, while it has fallen to a 52-week low of $13.62. The 50-Day Moving Average of the stock is 27.84%, while the 200-Day Moving Average is calculated to be 3.14%.
Shares Statistics:
DQ traded an average of 767.20K shares per day over the past three months and 1115750 shares per day over the past ten days. A total of 65.70M shares are outstanding, with a floating share count of 65.02M. Insiders hold about 1.04% of the company’s shares, while institutions hold 43.93% stake in the company. Shares short for DQ as of 1726185600 were 3951697 with a Short Ratio of 5.15, compared to 1723680000 on 3274302. Therefore, it implies a Short% of Shares Outstanding of 3951697 and a Short% of Float of 8.61.
