Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Daqo New Energy Corp ADR’s current trading price is -50.84% away from its 52-week high, while its distance from the 52-week low is 37.28%. The stock’s price range during this period has varied between $17.30 and $48.31. The company, active in the Technology sector, saw a trading volume of around 0.58 million for the day, considerably lower average daily volume of 1.3 million observed over the last three months.
Daqo New Energy Corp ADR’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $48.31 on 05/01/23, and the lowest price during that time was $17.30, recorded on 02/05/24.
How Financial Performance Impacts Market Capitalization
Daqo New Energy Corp ADR (DQ) has experienced a quarterly rise of 20.99% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.78B.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 23.14, with a change in price of -0.53. Similarly, Daqo New Energy Corp ADR recorded 1,236,989 in trading volume during the last 100 days, posting a change of -2.18%.
How DQ’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for DQ stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
DQ Stock Stochastic Average
As of today, the raw stochastic average of Daqo New Energy Corp ADR over the last 50 days is at 48.61%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 26.11%. Further, the company’s Stochastic %K and %D values for the last 20 days were 15.75% and 9.47%, respectively.
DQ Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded a decrease of -10.71%. However, over the last six months, the performance has been stronger by -2.50%. The price of DQ decreased -10.68% over the last 30 days. And in the last five days, it has surged by 6.07%.
