(VIANEWS) – The NYSE ended the session with DAQO New Energy (DQ) jumping 6.19% to $53.04 on Friday while NYSE slid 1% to $13,472.18.

DAQO New Energy’s last close was $49.95, 38.41% under its 52-week high of $81.10.

About DAQO New Energy

Daqo New Energy Corp. and its subsidiaries manufactures and distributes photovoltaic products manufactured from polysilicon in China. These products can be used to make solar power modules, ingots and wafers. Mega Stand International Limited was the company’s previous name. In August 2009, Daqo New Energy Corp. took over that title. Daqo New Energy Corp. is located in Shanghai in the People’s Republic of China.

Earnings Per Share

As for profitability, DAQO New Energy has a trailing twelve months EPS of $1.7.

PE Ratio

DAQO New Energy has a trailing twelve months price to earnings ratio of 31.24. Meaning,
the purchaser of the share is investing $31.24 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 68.38%.

Volume

Today’s last reported volume for DAQO New Energy is 1297450 which is 20.05% below its average volume of 1623020.

Sales Growth

DAQO New Energy’s sales growth is 160.3% for the ongoing quarter and 47% for the next.

More news about DAQO New Energy (DQ).

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