It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that Daqo New Energy’s Subsidiary Xinjiang Daqo Provides Preliminary Estimate of Net Profit for FY2023.
Daqo New Energy Corp ADR is listed on the NYSE in the Technology sector while operating in the Solar industry. The current market capitalization of Daqo New Energy Corp ADR is $1.46B. A total of 0.99 million shares were traded on the day, compared to an average of 1.11M shares.
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Daqo New Energy Corp ADR pays an annual dividend of $0.22, resulting in a dividend yield of 1.15%, and it has a price to earnings (P/E) ratio of 2.22.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, DQ has a high of $55.60 and a low of $17.30.
As of this writing, DQ has an earnings estimate of $0.84 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of $0.84 per share and a lower estimate of $0.84. The company reported an EPS of $1.6 in the last quarter, which was -65.70% lower than expectations of $4.67.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. DQ’s latest balance sheet shows that the firm has $1.00B in Cash & Short Term Investments as of fiscal 2021. There were $0.00 in debt and $550.50M in liabilities at the time. Its Book Value Per Share was $63.13, while its Total Shareholder’s Equity was $2.66B.
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DQ is Buy with a score of 4.17.