Daqo New Energy Corp. (NYSE:DQ) went up by 20.13% from its latest closing price compared to the recent 1-year high of $130.33. The company’s stock price has collected 15.14% of gains in the last five trading sessions. Press Release reported on 07/13/21 that Thinking about trading options or stock in Tesla, Walt Disney, Daqo New Energy, Pfizer, or Discover Financial Services?
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 32.91 x from its present earnings ratio. Plus, the 36-month beta value for DQ is at 0.73. Opinions of the stock are interesting as 7 analysts out of 13 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 1 as “sell.”
The average price from analysts is $108.65, which is $19.6 above the current price. DQ currently public float of 56.36M and currently shorts hold a 11.58% ratio of that float. Today, the average trading volume of DQ was 2.62M shares.
DQ’s Market Performance
DQ stocks went up by 15.14% for the week, with a monthly jump of 35.23% and a quarterly performance of 6.00%, while its annual performance rate touched 271.70%. The volatility ratio for the week stands at 9.06% while the volatility levels for the past 30 days are set at 7.86% for Daqo New Energy Corp.. The simple moving average for the period of the last 20 days is 21.53% for DQ stocks with a simple moving average of 15.37% for the last 200 days.
Analysts’ Opinion of DQ
Many brokerage firms have already submitted their reports for DQ stocks, with HSBC Securities repeating the rating for DQ by listing it as a “Buy.” The predicted price for DQ in the upcoming period, according to HSBC Securities is $112 based on the research report published on June 10th of the current year 2021.
DQ Trading at 14.84% 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 -39.09% of loss for the given period.
Volatility was left at 7.86%, however, over the last 30 days, the volatility rate increased by 9.06%, as shares surge +40.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.02% upper at present.
During the last 5 trading sessions, DQ rose by +15.14%, which changed the moving average for the period of 200-days by +166.75% in comparison to the 20-day moving average, which settled at $66.46. In addition, Daqo New Energy Corp. saw 38.39% 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.