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Daqo New Energy (DQ) Worth a Look: Stock Gains 6.1%

Zacks Equity Research

Daqo New Energy Corp. DQ was a big mover last session, as the company saw its shares rise over 6% 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, as the stock is now trading above the volatile price range of $21.83 to $23.98 in the past one-month time frame.

The company has seen no estimate revisions over the past 30 days, while the Zacks Consensus Estimate 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 has 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 Ferro Corporation FOE, which carries a Zacks Rank #2 (Buy).

Is DQ going up? Or down? Predict to see what others think: Up or Down

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FERRO CORP (FOE): Free Stock Analysis Report
 
DAQO NEW ENERGY (DQ): Free Stock Analysis Report
 
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