Daqo New Energy Corp. (NYSE:DQ) went up by 11.46% from its latest closing price compared to the recent 1-year high of $84.78. The company’s stock price has collected 23.98% of gains in the last five trading sessions. Press Release reported on 01/04/21 that Should you invest in Nvidia, Alibaba, Micron Technology, Freeport-McMoRan, or Daqo New Energy?
Is It Worth Investing in Daqo New Energy Corp. (NYSE :DQ) Right Now?
Daqo New Energy Corp. (NYSE:DQ) scored a price-to-earnings ratio above its average ratio, recording 362.98 x from its present earnings ratio. Plus, the 36-month beta value for DQ is at 0.85. Opinions of the stock are interesting as 5 analysts out of 8 who provided ratings for Daqo New Energy Corp. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $67.86, which is -$33.5 below the current price. DQ currently public float of 61.19M and currently shorts hold a 11.28% ratio of that float. Today, the average trading volume of DQ was 2.86M shares.
DQ’s Market Performance
DQ stocks went up by 23.98% for the week, with a monthly jump of 100.75% and a quarterly performance of 117.46%, while its annual performance rate touched 617.53%. The volatility ratio for the week stands at 10.60% while the volatility levels for the past 30 days are set at 11.06% for Daqo New Energy Corp.. The simple moving average for the period of the last 20 days is 39.36% for DQ stocks with a simple moving average of 217.43% for the last 200 days.
Analysts’ Opinion of DQ
Many brokerage firms have already submitted their reports for DQ stocks, with Goldman repeating the rating for DQ by listing it as a “Buy.” The predicted price for DQ in the upcoming period, according to Goldman is $62 based on the research report published on December 08th of the previous year 2020.
ROTH Capital, on the other hand, stated in their research note that they expect to see DQ reach a price target of $200, previously predicting the price at $220. The rating they have provided for DQ stocks is “Neutral” according to the report published on October 26th, 2020.
DQ Trading at 73.09% from the 50-Day Moving Average
After a stumble in the market that brought DQ to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.61% of gains for the given period.
Volatility was left at 11.06%, however, over the last 30 days, the volatility rate increased by 10.60%, as shares surge +97.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +127.24% upper at present.
During the last 5 trading sessions, DQ rose by +23.98%, which changed the moving average for the period of 200-days by +693.05% in comparison to the 20-day moving average, which settled at $63.32. In addition, Daqo New Energy Corp. saw 48.71% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for DQ
Current profitability levels for the company are sitting at:
- +11.98 for the present operating margin
- +22.89 for the gross margin
The net margin for Daqo New Energy Corp. stands at +8.08. The total capital return value is set at 5.02, while invested capital returns managed to touch 4.11. Equity return is now at value 12.60, with 6.50 for asset returns.
Based on Daqo New Energy Corp. (DQ), the company’s capital structure generated 67.32 points at debt to equity in total, while total debt to capital is 40.23. Total debt to assets is 31.75, with long-term debt to equity ratio resting at 26.75. Finally, the long-term debt to capital ratio is 15.99.
When we switch over and look at the enterprise to sales, we see a ratio of 1.66, with the company’s debt to enterprise value settled at 0.39. The receivables turnover for the company is 44.43 and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.39.