Daqo New Energy Corp ADR (NYSE:DQ) price on Friday, May 31, fall -3.94% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $21.92.
A look at the stock’s price movement, the level at last check in today’s session was $22.82. The PE ratio in trailing twelve months stood at 10.24. Turning to its 52-week performance, $43.66 and $17.30 were the 52-week high and 52-week low respectively. Overall, DQ moved 16.84% over the past month.
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Daqo New Energy Corp ADR’s market cap currently stands at around $1.45 billion.
Turning to the stock’s technical picture we see that short term indicators suggest on average that DQ is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
DQ’s current price about 12.09% and -3.26% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 55.00, while 7-day volatility ratio is 7.79% and 5.44% in the 30-day chart. Further, Daqo New Energy Corp ADR (DQ) has a beta value of 0.35, and an average true range (ATR) of 1.34.
If we refocus on Daqo New Energy Corp ADR (NYSE:DQ), historical trading data shows that trading volumes averaged 1.26 million over the past 3 months. The company’s latest data on shares outstanding shows there are 65.70 million shares.
The 0.49% of Daqo New Energy Corp ADR’s shares are in the hands of company insiders while institutional holders own 50.26% of the company’s shares. Current price change has pushed the stock -17.59% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the DQ stock continues to rise going into the next quarter.
