Headlines about Daqo New Energy (NYSE:DQ) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Daqo New Energy earned a news impact score of 0.15 on Accern’s scale. Accern also gave media headlines about the semiconductor company an impact score of 46.0661787584457 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern’s analysis:
Daqo New Energy (NYSE DQ) opened at $64.00 on Friday. The company has a market cap of $673.17, a PE ratio of 10.90, a price-to-earnings-growth ratio of 1.66 and a beta of 2.13. Daqo New Energy has a 12-month low of $18.01 and a 12-month high of $65.50. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.57 and a quick ratio of 0.49.
Several research analysts have recently issued reports on the stock. Roth Capital set a $65.00 price objective on shares of Daqo New Energy and gave the stock a “buy” rating in a report on Monday, December 4th. Zacks Investment Research upgraded shares of Daqo New Energy from a “hold” rating to a “strong-buy” rating and set a $50.00 price objective on the stock in a report on Monday, November 20th. Finally, TheStreet upgraded shares of Daqo New Energy from a “c+” rating to a “b” rating in a report on Wednesday, November 15th. One equities research analyst has rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company’s stock. Daqo New Energy presently has a consensus rating of “Buy” and a consensus target price of $51.67.
COPYRIGHT VIOLATION NOTICE: This piece of content was first reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this piece of content on another publication, it was stolen and reposted in violation of US and international trademark and copyright legislation. The correct version of this piece of content can be viewed at https://www.dispatchtribunal.com/2018/01/12/daqo-new-energy-dq-receives-daily-media-sentiment-rating-of-0-15.html.
About Daqo New Energy
Daqo New Energy Corp. is a polysilicon manufacturer. The Company utilizes the chemical vapor deposition process, or the modified Siemens process, to produce polysilicon. The Company’s segments include Polysilicon and Wafer. The Company manufactures and sells polysilicon to photovoltaic product manufacturers, whereby the polysilicon is processed 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.