Daqo New Energy Corp. (NYSE:DQ) went down by -2.85% from its latest closing price compared to the recent 1-year high of $130.33. The company’s stock price has collected -10.01% of loss in the last five trading sessions. Press Release reported on 06/01/21 that Daqo’s subsidiary Xinjiang Daqo Starts IPO Registration with China Securities Regulatory Commission and Provides Preliminary Estimates of Revenue and Net Profit for Q2 2021
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 135.87 x from its present earnings ratio. Plus, the 36-month beta value for DQ is at 0.74. Opinions of the stock are interesting as 7 analysts out of 14 who provided ratings for Daqo New Energy Corp. declared the stock was a “buy,” while 3 rated the stock as “overweight,” 2 rated it as “hold,” and 2 as “sell.”
The average price from analysts is $102.90, which is $30.16 above the current price. DQ currently public float of 363.92M and currently shorts hold a 1.62% ratio of that float. Today, the average trading volume of DQ was 2.72M shares.
DQ’s Market Performance
DQ stocks went down by -10.01% for the week, with a monthly drop of -4.71% and a quarterly performance of -12.29%, while its annual performance rate touched 499.39%. The volatility ratio for the week stands at 7.91% while the volatility levels for the past 30 days are set at 8.23% for Daqo New Energy Corp.. The simple moving average for the period of the last 20 days is -7.98% for DQ stocks with a simple moving average of 9.50% for the last 200 days.
Analysts’ Opinion of DQ
Goldman gave a rating of “Buy” to DQ, setting the target price at $62 in the report published on December 08th of the previous year.
DQ Trading at -7.77% 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 unable to rebound, for now settling with -47.25% of loss for the given period.
Volatility was left at 8.23%, however, over the last 30 days, the volatility rate increased by 7.91%, as shares sank -8.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.60% upper at present.
During the last 5 trading sessions, DQ fell by -10.01%, which changed the moving average for the period of 200-days by +179.45% in comparison to the 20-day moving average, which settled at $74.37. In addition, Daqo New Energy Corp. saw 19.86% 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:
- +27.78 for the present operating margin
- +34.63 for the gross margin
The net margin for Daqo New Energy Corp. stands at +19.14. The total capital return value is set at 18.85, while invested capital returns managed to touch 16.08. Equity return is now at value 24.90, with 14.20 for asset returns.
Based on Daqo New Energy Corp. (DQ), the company’s capital structure generated 31.69 points at debt to equity in total, while total debt to capital is 24.06. Total debt to assets is 19.62, with long-term debt to equity ratio resting at 16.06. Finally, the long-term debt to capital ratio is 12.20.
When we switch over and look at the enterprise to sales, we see a ratio of 1.00, with the company’s debt to enterprise value settled at 0.05. The receivables turnover for the company is 226.86 and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.63.