Daqo New Energy Corp ADR (NYSE:DQ) currently has a daily average trading volume of 809.40K but it saw 929642 shares traded in last market. With a market cap of 1.44B USD, the company’s current market price of $21.88 came falling about -2.06 while comparing to the previous closing price of $22.34. In past 52 weeks, the stock remained buoying in the range of price level as high as $30.03 and as low as $13.62. In the recent trading on the day, stock has struck highest price mark of $21.2466 while lowest mark touched by it was $22.645.
Taking a look at 20-day trading activity of Daqo New Energy Corp ADR (DQ) gives us an average price of $17.38, while its current price level is -27.14% below from 52-week high level whereas it is 60.65% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $16.47 while that of 200 days or SMA-200 reads an average of $20.06. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.10% during that period while stretching the period over a month that decreases to 5.77%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 71.90 which implies that the stock is in overbought territory.
HSBC Securities upgraded its recommendation for the stock as a “Hold” from “Reduce” on August 27, 2024 while assigning a price target of $15.
Over the week, DQ’s stock price is moving 17.95% up while it is 45.58% when we observe its performance for the past one month. Year-to-date it is -17.74% down and over the past year, the stock is showing a downside performance of -23.95%.
Currently, Daqo New Energy Corp ADR’s total number of outstanding shares is 65.70M. Company’s return on investment (ROI) stands at -1.43% and return on equity (ROE) at -1.39%. Stock’s beta reads 0.32. Stock has a price to book (P/B) ratio of 0.31 while price to sale or P/S ratio amounts to 0.90. Its return on asset (ROA) is -0.92% on average.
