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How to buy Daqo New Energy stock | $57.36

Own Daqo New Energy stock in just a few minutes.

Fact checked

Daqo New Energy Corp is a semiconductor equipment & materials business based in the US. Daqo New Energy shares (DQ) are listed on the NYSE and all prices are listed in US Dollars. Daqo New Energy employs 1,892 staff and has a trailing 12-month revenue of around USD$546.8 million.

How to buy shares in Daqo New Energy

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Daqo New Energy. Find the stock by name or ticker symbol: DQ. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Daqo New Energy reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$57.36, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Daqo New Energy, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Daqo New Energy. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Daqo New Energy share price

Use our graph to track the performance of DQ stocks over time.

Daqo New Energy shares at a glance

Information last updated 2020-12-27.
Latest market closeUSD$57.36
52-week rangeUSD$8.3185 - USD$68.81
50-day moving average USD$46.0331
200-day moving average USD$30.0543
Wall St. target priceUSD$50.02
PE ratio 52.6635
Dividend yield N/A (0%)
Earnings per share (TTM) USD$1.04

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Daqo New Energy stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Daqo New Energy price performance over time

Historical closes compared with the close of $57.36 from 2020-12-31

1 week (2021-01-07) -28.10%
1 month (2020-12-15) 2.45%
3 months (2020-10-15) -71.56%
6 months (2020-07-15) -38.42%
1 year (2020-01-15) 4.16%
2 years (2019-01-15) 122.24%
3 years (2018-01-13) N/A
5 years (2016-01-15) 344.65%

Is Daqo New Energy under- or over-valued?

Valuing Daqo New Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Daqo New Energy's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Daqo New Energy's P/E ratio

Daqo New Energy's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 53x. In other words, Daqo New Energy shares trade at around 53x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Daqo New Energy's PEG ratio

Daqo New Energy's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.1738. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Daqo New Energy's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Daqo New Energy's EBITDA

Daqo New Energy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$186.2 million.

The EBITDA is a measure of a Daqo New Energy's overall financial performance and is widely used to measure a its profitability.

Daqo New Energy financials

Revenue TTM USD$546.8 million
Operating margin TTM 21.9%
Gross profit TTM USD$80.1 million
Return on assets TTM 6.68%
Return on equity TTM 12.84%
Profit margin 13.98%
Book value $9.241
Market capitalisation USD$3.8 billion

TTM: trailing 12 months

Shorting Daqo New Energy shares

There are currently 6.9 million Daqo New Energy shares held short by investors – that's known as Daqo New Energy's "short interest". This figure is 4.9% up from 6.6 million last month.

There are a few different ways that this level of interest in shorting Daqo New Energy shares can be evaluated.

Daqo New Energy's "short interest ratio" (SIR)

Daqo New Energy's "short interest ratio" (SIR) is the quantity of Daqo New Energy shares currently shorted divided by the average quantity of Daqo New Energy shares traded daily (recently around 2.0 million). Daqo New Energy's SIR currently stands at 3.44. In other words for every 100,000 Daqo New Energy shares traded daily on the market, roughly 3440 shares are currently held short.

However Daqo New Energy's short interest can also be evaluated against the total number of Daqo New Energy shares, or, against the total number of tradable Daqo New Energy shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Daqo New Energy's short interest could be expressed as 0.1% of the outstanding shares (for every 100,000 Daqo New Energy shares in existence, roughly 100 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Daqo New Energy shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Daqo New Energy.

Find out more about how you can short Daqo New Energy stock.

Daqo New Energy share dividends

We're not expecting Daqo New Energy to pay a dividend over the next 12 months.

Have Daqo New Energy's shares ever split?

Daqo New Energy's shares were split on a 5:1 basis on 17 November 2020. So if you had owned 1 share the day before before the split, the next day you'd have owned 5 shares. This wouldn't directly have changed the overall worth of your Daqo New Energy shares – just the quantity. However, indirectly, the new 80% lower share price could have impacted the market appetite for Daqo New Energy shares which in turn could have impacted Daqo New Energy's share price.

Daqo New Energy share price volatility

Over the last 12 months, Daqo New Energy's shares have ranged in value from as little as $8.3185 up to $68.81. A popular way to gauge a stock's volatility is its "beta".

DQ.US volatility(beta: 0.84)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Daqo New Energy's is 0.8373. This would suggest that Daqo New Energy's shares are less volatile than average (for this exchange).

Daqo New Energy overview

Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufactures in the People's Republic of China. It offers ready-to-use polysilicon, and packaged to meet crucible stacking, pulling, and solidification products. The company was formerly known as Mega Stand International Limited and changed its name to Daqo New Energy Corp. in August 2009. Daqo New Energy Corp. was founded in 2006 and is based in Wanzhou, the People's Republic of China.

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