Daqo New Energy Corp. DQ was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company since Sep 15, as the stock is now trading above the volatile price range of $19.89 to $23.09.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Daqo New Energy currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
DAQO NEW ENERGY Price
DAQO NEW ENERGY Price | DAQO NEW ENERGY Quote
A better-ranked stock in the same industry is NL Industries Inc. NL, sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is DQ going up? Or down? Predict to see what others think: Up or Down
Confidential from Zack
Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
DAQO NEW ENERGY (DQ): Free Stock Analysis Report
NL INDS INC (NL): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research