(VIANEWS) – The NYSE ended the session with DAQO New Energy rising 9.12% to $28.24 on Tuesday, following the last session’s downward trend. NYSE jumped 0.86% to $15,450.24, after four consecutive sessions in a row of gains, on what was a somewhat positive trend exchanging session today.
DAQO New Energy’s last close was $25.88, 55.72% below its 52-week high of $58.44.
About DAQO New Energy
Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufacturers in the People's Republic of China. Its products are used in ingots, wafers, cells, and modules for solar power solutions. The company was formerly known as Mega Stand International Limited and changed its name to Daqo New Energy Corp. in August 2009. Daqo New Energy Corp. was founded in 2006 and is based in Shanghai, the People's Republic of China.
Earnings Per Share
As for profitability, DAQO New Energy has a trailing twelve months EPS of $12.31.
PE Ratio
DAQO New Energy has a trailing twelve months price to earnings ratio of 2.29. Meaning, the purchaser of the share is investing $2.29 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 26.57%.
Moving Average
DAQO New Energy’s value is way under its 50-day moving average of $33.83 and way below its 200-day moving average of $40.74.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 77.5% and a negative 83.7%, respectively.
More news about DAQO New Energy (DQ).
