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How Does Daqo New Energy Corp (DQ) Stock Rank on Wall Street Monday?

Monday, January 03, 2022 10:34 AM | InvestorsObserver Analysts
How Does Daqo New Energy Corp (DQ) Stock Rank on Wall Street Monday?

Wall Street is positive on Daqo New Energy Corp (DQ). On average, analysts give the stock a Buy rating. The average price target is $78.683, which means analysts expect the stock to rise by 88.24% over the next twelve months. That average ranking earns the stock an Analyst Rating of 15, which is better than 15% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.5
Wall Street analysts are rating DQ a Buy today. Find out what this means to you and get the rest of the rankings on DQ!

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Daqo New Energy Corp Stock Today?

Daqo New Energy Corp (DQ) stock is trading at $41.80 as of 10:25 AM on Monday, Jan 3, an increase of $1.49, or 3.7% from the previous closing price of $40.31. The stock has traded between $40.80 and $43.72 so far today. Volume today is below average. So far 557,805 shares have traded compared to average volume of 1,598,303 shares. Click Here to get the full Stock Report for Daqo New Energy Corp stock.

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