The stock of Daqo New Energy Corp ADR (DQ) has seen a -0.89% decrease in the past week, with a 10.58% gain in the past month, and a 0.69% flourish in the past quarter. The volatility ratio for the week is 4.58%, and the volatility levels for the past 30 days are at 5.09% for DQ. The simple moving average for the last 20 days is -1.33% for DQ stock, with a simple moving average of -0.64% for the last 200 days.
Is It Worth Investing in Daqo New Energy Corp ADR (NYSE: DQ) Right Now?
The 36-month beta value for DQ is also noteworthy at 0.26. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 4 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for DQ is 65.18M, and at present, short sellers hold a 6.05% of that float. The average trading volume of DQ on January 17, 2025 was 1.37M shares.
DQ) stock’s latest price update
The stock price of Daqo New Energy Corp ADR (NYSE: DQ) has surged by 0.79 when compared to previous closing price of 18.88, but the company has seen a -0.89% decline in its stock price over the last five trading sessions. prnewswire.com reported 2025-01-17 that SHANGHAI, Jan. 17, 2025 /PRNewswire/ — Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy”, the “Company” or “we”), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that its subsidiary Xinjiang Daqo New Energy (“Xinjiang Daqo”) has provided an estimate of its net loss for the fiscal year ended December 31, 2024 to the Shanghai Stock Exchange. Xinjiang Daqo estimates that under PRC GAAP, its net loss attributable to Xinjiang Daqo’s shareholders in FY2024 would be in the range of RMB2.6~3.1 billion, compared to net profit attributable to Xinjiang Daqo’s shareholders of RMB5.8 billion in FY2023.
Analysts’ Opinion of DQ
HSBC Securities gave a rating of “Hold” to DQ, setting the target price at $15 in the report published on August 27th of the previous year.
DQ Trading at -3.02% 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 -38.31% of loss for the given period.
Volatility was left at 5.09%, however, over the last 30 days, the volatility rate increased by 4.58%, as shares surge +6.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.37% lower at present.
During the last 5 trading sessions, DQ fell by -0.47%, which changed the moving average for the period of 200-days by -29.17% in comparison to the 20-day moving average, which settled at $19.29. In addition, Daqo New Energy Corp ADR saw -2.11% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for DQ
Current profitability levels for the company are sitting at:
- -0.17 for the present operating margin
- -0.05 for the gross margin
The net margin for Daqo New Energy Corp ADR stands at -0.09. The total capital return value is set at -0.03. Equity return is now at value -2.54, with -1.67 for asset returns.
Currently, EBITDA for the company is 932.32 million with net debt to EBITDA at 18.41. When we switch over and look at the enterprise to sales, we see a ratio of 0.3. The receivables turnover for the company is 15.51for trailing twelve months and the total asset turnover is 0.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.61.
Conclusion
In summary, Daqo New Energy Corp ADR (DQ) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
