Headlines about Daqo New Energy (NYSE:DQ) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Daqo New Energy earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned headlines about the semiconductor company an impact score of 45.0590499638182 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- Notable Indicators to Study Before Making Any Investment Decision – Daqo New Energy Corp (NYSE: DQ) (stocksmarketcap.com)
- RSI Alert – Daqo New Energy Corp. (NYSE:DQ) (thestockgem.com)
- Roth Capital Analysts Give Daqo New Energy (DQ) a $35.00 Price Target (americanbankingnews.com)
- Daqo New Energy Corp. (DQ) crosses 200-SMA up 27.25% (thestocksnews.com)
- Technical Indicators in Focus – Daqo New Energy Corp. (NYSE: DQ) (stocktradingdesk.com)
Shares of Daqo New Energy stock traded up $1.19 during midday trading on Friday, reaching $54.51. 243,710 shares of the company’s stock traded hands, compared to its average volume of 448,471. The company has a market capitalization of $573.34, a P/E ratio of 6.41, a P/E/G ratio of 0.97 and a beta of 1.97. The company has a current ratio of 0.66, a quick ratio of 0.57 and a debt-to-equity ratio of 0.29. Daqo New Energy has a 52 week low of $18.06 and a 52 week high of $72.50.
A number of research analysts have recently weighed in on DQ shares. Zacks Investment Research upgraded shares of Daqo New Energy from a “hold” rating to a “buy” rating and set a $64.00 price target on the stock in a report on Tuesday, February 27th. Tudor Pickering downgraded shares of Daqo New Energy from a “buy” rating to a “hold” rating in a report on Monday, February 26th. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. Daqo New Energy presently has an average rating of “Buy” and an average target price of $64.50.
TRADEMARK VIOLATION NOTICE: This story was first posted by Ticker Report and is the property of of Ticker Report. If you are reading this story on another website, it was illegally stolen and republished in violation of U.S. and international copyright & trademark legislation. The original version of this story can be viewed at https://www.tickerreport.com/banking-finance/3379754/daqo-new-energy-dq-earning-somewhat-favorable-news-coverage-study-shows.html.
About Daqo New Energy
Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon and wafers in the People's Republic of China. It operates through two segments, Polysilicon and Wafers. The company offers polysilicon to photovoltaic product manufacturers who further process its polysilicon into ingots, wafers, cells, and modules for solar power solutions.
Receive News & Ratings for Daqo New Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Daqo New Energy and related companies with MarketBeat.com's FREE daily email newsletter.