Shares Escalate Higher Mid-Session: Daqo New Energy Corp. (NYSE:DQ)

Daqo New Energy Corp. (NYSE:DQ) has reached the top gainers list today as the stock has jumped -2.64% from the open, touching $43.09 on a recent bid.  The year-to-date performance of the stock is 108.13%. The monthly stock performance comes in at 21.80%. For the quarter, shares are performing at 51.19%. Weekly performance analysis shows the equity at 0.90%.Covering Sell-Side analysts have offered recommendations and price target estimates on Daqo New Energy Corp. (NYSE:DQ). According to First Call, the current consensus target price on shares is sitting at $33.43. Analysts have also given a consensus recommendation on the stock of 2.30. This number lands on a scale from 1 to 5. A rating of 4 or 5 would indicate a Sell. A rating of 1 or 2 would represent a Buy, and a 3 rating would signify a Hold on the stock.

Shares of Daqo New Energy Corp. are presently 139.26% off the 52 week low. On the flip side, the stock is 3.76% away from the 52 week high. Current price levels see the company 15.27% off the 20-day simple moving average. The average volume stands around 328842. Trading volume may be a very important factor for any investor. 

Disclaimer: The views, opinions, and information expressed in this article are those of the authors and do not necessarily reflect the official policy or position of any company stakeholders, financial professionals, or analysts. Examples of analysis performed within this article are only examples.

They should not be utilized to make stock portfolio or financial decisions as they are based only on limited and open source information. Assumptions made within the analysis are not reflective of the position of any analysts or financial professionals.

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