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Where Does Wall Street Think Daqo New Energy Corp (DQ) Stock Will Go?

Friday, December 02, 2022 02:42 PM | InvestorsObserver Analysts
Where Does Wall Street Think Daqo New Energy Corp (DQ) Stock Will Go?

InvestorsObserver is giving Daqo New Energy Corp (DQ) an Analyst Rating Rank of 51, meaning DQ is ranked higher by analysts than 51% of stocks. The average price target for DQ is $68.93 and analyst’s rate the stock as a Strong Buy.

Overall Score - 4.3
Wall Street analysts are rating DQ a Strong 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 higher by 1.37% while the S&P 500 is lower by -0.55% as of 2:36 PM on Friday, Dec 2. DQ is higher by $0.73 from the previous closing price of $53.25 on volume of 800,038 shares. Over the past year the S&P 500 is down -11.43% while DQ is higher by 11.97%. DQ earned $21.23 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 2.54. Click Here to get the full Stock Report for Daqo New Energy Corp stock.

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