DQ - Daqo New Energy Corp.

NYSE - NYSE Delayed Price. Currency in USD
30.60
-4.37 (-12.50%)
At close: 4:02PM EST
Stock chart is not supported by your current browser
Previous Close34.97
Open34.95
Bid31.00 x 800
Ask31.36 x 800
Day's Range30.52 - 34.95
52 Week Range20.35 - 71.50
Volume558,399
Avg. Volume206,870
Market Cap393.632M
Beta (3Y Monthly)2.57
PE Ratio (TTM)6.34
EPS (TTM)4.83
Earnings DateFeb 26, 2019 - Mar 4, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est60.71
Trade prices are not sourced from all markets
  • Zacks.com featured highlights include: Colfax, Korea Electric, Daqo, Ready Capital and China Eastern
    Zacks4 days ago

    Zacks.com featured highlights include: Colfax, Korea Electric, Daqo, Ready Capital and China Eastern

    Zacks.com featured highlights include: Colfax, Korea Electric, Daqo, Ready Capital and China Eastern

  • 7 Low Price-to-Sales Stocks to Buy for an Attractive Portfolio
    Zacks5 days ago

    7 Low Price-to-Sales Stocks to Buy for an Attractive Portfolio

    A stock with a lower price-to-sales ratio is a more suitable investment than a stock with a high price-to-sales ratio.

  • Reasons to Hold International Paper (IP) in Your Portfolio
    Zacks5 days ago

    Reasons to Hold International Paper (IP) in Your Portfolio

    Solid commercial and operational performance across International Paper's (IP) three businesses is likely to drive its results.

  • Univar (UNVR) in Focus: Stock Moves 6% Higher
    Zacks6 days ago

    Univar (UNVR) in Focus: Stock Moves 6% Higher

    Univar (UNVR) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.

  • Add These 5 Low P/CF Stocks for Optimum Portfolio Returns
    Zacks13 days ago

    Add These 5 Low P/CF Stocks for Optimum Portfolio Returns

    Investment in stocks made on diligent value analysis is usually considered one of the best practices. In value investing, investors pick stocks that are cheap but fundamentally sound.

  • Daqo New Energy Stock Has Hit an Ideal Entry Point
    InvestorPlace13 days ago

    Daqo New Energy Stock Has Hit an Ideal Entry Point

    With a market cap of less than half of a billion dollars, odds are good most investors have never even heard of Daqo New Energy (NYSE:DQ). Don't be distracted by its obscurity though. This Chinese company is an increasingly important part of the future of solar energy worldwide, and though volatile, DQ stock may be worth the risk. The value argument certainly holds water. And Daqo New Energy stock just stumbled into an ideal "not too hot, not too cold" zone that makes its price palatable to anyone who missed out on January's surprise rebound. ### What's Daqo New Energy? Daqo is often grouped with photovoltaic (PV) panel manufacturers like JinkoSolar (NYSE:JKS) and First Solar (NASDAQ:FSLR). They're not entirely unfair comparisons, but they're not entirely accurate either. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Daqo New Energy produces high-quality polysilicon used to make silicon wafers for PV panels. DQ doesn't make photovoltaic panels itself. * 4 Top Marijuana Penny Stocks to Take Seriously in 2019 That difference hasn't always mattered to traders, albeit for good reason. The fate of DQ stock is closely linked to that of solar panel manufacturers and installers because demand for solar power drives demand for the silicon-based components needed to make them. In this case, however, broad categorizations have done a disservice to Daqo New Energy stock. The polysilicon business, though it ebbs and flows with ever-changing price of solar power, has proven to be a consistently profitable one for Daqo. Sometimes that profitability has been paper thin, like 2015's earnings of $1.24 per share of DQ stock. But two years later, on the heels of revived solar demand and the introduction of next-generation technologies, Daqo New Energy earned a whopping $9.11 per share. Analysts expect earnings to normalize in 2019, with profits currently modeled at $4.26 per share. From one year to the next, though, DQ knows it can count on some measure of profitability. Investors can count on the same, but by and large the market has only discounted Daqo New Energy stock. It's not given it credit, even when and where it can. End result? Daqo New Energy stock is now trading at a dirt-cheap price/sales ratio of only 1.2, and a trailing P/E of only 7.2. However, investors are now acting as if they're willing to correct their mistake. ### DQ Stock Is Over a Key Technical Hurdle It's difficult to pinpoint the reason for last year's weakness and January's rebound in DQ stock. Certainly strained trade relations between the U.S. and China played a role. The changing dynamics of the solar power market itself -- such as subsidies, prices, etc. -- have likely played a role as well. The reason, or reasons, however, became mostly irrelevant last week when DQ stock hurdled its 200-day moving average line, plotted in green on the daily chart below. Click to EnlargeYes, the stock took a sizeable tumble on Friday, losing nearly 14% of its value and calling the budding uptrend into question. Take a closer look at the chart though. The bulls held the line at the 200-day moving average on Friday, and they're still doing so as of Monday. That's huge. And in some regards, the big setback on Friday did would-be buyers a favor. DQ stock had worked its way into an overbought condition through Thursday of last week, setting up a sizeable selloff. The dip has burned off that froth, setting the stage for another wave of bullishness. ### Bottom Line for DQ Stock DQ stock still just a trade to be sure, with all the potential trappings thereof. Ideally, we'd see a push up and off the 200-day moving average line to confirm the rally is still intact and has the support it needs. This is a good start though. The bulls are holding their ground right where they'll find the most help, and we've seen a couple bullish crosses of other moving average lines. Underscoring it all is deep value that the bears are increasingly struggling to justify… particularly given solar power's 2019 outlook. In fact, Credit Suisse names Daqo one of its top solar picks for the foreseeable future, ready to capitalize on renewing demand in China, and elsewhere. * 10 F-Rated Stocks That Could Break Your Portfolio The next upturn from Daqo New Energy stock could mark the beginning of another rally effort. As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter, at @jbrumley. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 S&P 500 Stocks to Buy That Tore Up Earnings * 10 Cold Weather Stocks to Heat Up Your Returns * The 7 Best Penny Stocks to Buy Compare Brokers The post Daqo New Energy Stock Has Hit an Ideal Entry Point appeared first on InvestorPlace.

  • DQ vs. VSM: Which Stock Should Value Investors Buy Now?
    Zacks18 days ago

    DQ vs. VSM: Which Stock Should Value Investors Buy Now?

    DQ vs. VSM: Which Stock Is the Better Value Option?

  • Is Daqo New Energy (DQ) Stock Undervalued Right Now?
    Zacks18 days ago

    Is Daqo New Energy (DQ) Stock Undervalued Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Zacks.com featured expert Kevin Matras highlights: Colfax, MGM Growth Properties, Korea Electric Power, Daqo New Energy and Ready Capital
    Zacks18 days ago

    Zacks.com featured expert Kevin Matras highlights: Colfax, MGM Growth Properties, Korea Electric Power, Daqo New Energy and Ready Capital

    Zacks.com featured expert Kevin Matras highlights: Colfax, MGM Growth Properties, Korea Electric Power, Daqo New Energy and Ready Capital

  • Bet on These 7 Low Price-to-Sales Stocks for Strong Returns
    Zacks19 days ago

    Bet on These 7 Low Price-to-Sales Stocks for Strong Returns

    A stock with a lower price-to-sales ratio is a more suitable investment than a stock with a high price-to-sales ratio.

  • Is Daqo New Energy Corp. (NYSE:DQ) Potentially Undervalued?
    Simply Wall St.19 days ago

    Is Daqo New Energy Corp. (NYSE:DQ) Potentially Undervalued?

    Daqo New Energy Corp. (NYSE:DQ), which is in the semiconductor business, and is based in China, led the NYSE gainers with a relatively large price hike in the past couple Read More...

  • DQ vs. VSM: Which Stock Is the Better Value Option?
    Zackslast month

    DQ vs. VSM: Which Stock Is the Better Value Option?

    DQ vs. VSM: Which Stock Is the Better Value Option?

  • Is Daqo New Energy (DQ) a Great Value Stock Right Now?
    Zackslast month

    Is Daqo New Energy (DQ) a Great Value Stock Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • What Percentage Of Daqo New Energy Corp. (NYSE:DQ) Shares Do Insiders Own?
    Simply Wall St.last month

    What Percentage Of Daqo New Energy Corp. (NYSE:DQ) Shares Do Insiders Own?

    A look at the shareholders of Daqo New Energy Corp. (NYSE:DQ) can tell us which group is most powerful. Generally speaking, as a company grows, institutions will increase their ownership. Read More...

  • DQ vs. KWR: Which Stock Should Value Investors Buy Now?
    Zacks2 months ago

    DQ vs. KWR: Which Stock Should Value Investors Buy Now?

    DQ vs. KWR: Which Stock Is the Better Value Option?

  • Westlake Chemical (WLKP) in Focus: Stock Moves 8.7% Higher
    Zacks2 months ago

    Westlake Chemical (WLKP) in Focus: Stock Moves 8.7% Higher

    Westlake Chemical (WLKP) shares rose nearly 9% in the last trading session, amid huge volumes.

  • Should You Get Rid of Ferroglobe (GSM) Now?
    Zacks2 months ago

    Should You Get Rid of Ferroglobe (GSM) Now?

    Ferroglobe (GSM) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.

  • Are Investors Undervaluing Daqo New Energy (DQ) Right Now?
    Zacks2 months ago

    Are Investors Undervaluing Daqo New Energy (DQ) Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • The Zacks Analyst Blog Highlights: Barclays, Bausch Health, Canadian Solar, DAQO and Tech Data
    Zacks2 months ago

    The Zacks Analyst Blog Highlights: Barclays, Bausch Health, Canadian Solar, DAQO and Tech Data

    The Zacks Analyst Blog Highlights: Barclays, Bausch Health, Canadian Solar, DAQO and Tech Data

  • 7 Incredible Value Stocks to Pick for 2019
    Zacks2 months ago

    7 Incredible Value Stocks to Pick for 2019

    Given a plummeting global stock market, it is the best time to bet on stocks that are currently undervalued.

  • OMNOVA Solutions (OMN) Looks Good: Stock Adds 5.4% in Session
    Zacks2 months ago

    OMNOVA Solutions (OMN) Looks Good: Stock Adds 5.4% in Session

    OMNOVA Solutions (OMN) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.

  • Valvoline Opens 17 Quick-Lube Centers in Southern California
    Zacks2 months ago

    Valvoline Opens 17 Quick-Lube Centers in Southern California

    Valvoline's (VVV) franchisee, Henley Pacific, operates more than 100 quick lube locations in southern California.

  • Zacks.com featured highlights include: Daqo, ArcBest, Citizens Financial and General Motors
    Zacks2 months ago

    Zacks.com featured highlights include: Daqo, ArcBest, Citizens Financial and General Motors

    Zacks.com featured highlights include: Daqo, ArcBest, Citizens Financial and General Motors

  • Create a Standout Portfolio With These 4 Low P/CF Stocks
    Zacks2 months ago

    Create a Standout Portfolio With These 4 Low P/CF Stocks

    Investment in stocks made on diligent value analysis is usually considered one of the best practices.

  • PR Newswire2 months ago

    Daqo New Energy's New Phase 3B Facility Reaches Full Production Capacity Ahead of Schedule

    SHIHEZI, China, Dec. 18, 2018 /PRNewswire/ -- Daqo New Energy Corp. (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 new Phase 3B polysilicon production facility had reached full production capacity ahead of schedule. With Phase 3B currently running at full production capacity, a power purchase agreement with the local electric utility will reduce the Company's electricity rates by approximately 18% from previous levels.