Daqo New Energy Corp (NYSE: DQ) stock closed at $25.54 on 10/25/24 after a major increase of 16.1%. Moreover, trading volume in this advance was exceptionally high at 394% of normal. Relative to the market the stock has been weak over the last nine months but has risen 42.8% during the last week.
Current PriceTarget Research Rating
DQ’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Daqo New Energy has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Daqo New Energy has a very high Appreciation Score of 96 but a poor Power Rating of 25, triggering the High Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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