Press coverage about Daqo New Energy (NYSE:DQ) has trended somewhat positive on Thursday, Accern Sentiment reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. 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 daily sentiment score of 0.17 on Accern’s scale. Accern also gave media stories about the semiconductor company an impact score of 46.2477062593085 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- ETFs with exposure to Daqo New Energy Corp. : December 13, 2017 (finance.yahoo.com)
- Kinross (KGC) Gets Mining Rights Adjacent to Fort Knox (finance.yahoo.com)
- Daqo New Energy Corp. (DQ) And Seanergy Maritime Holdings Corp. (SHIP) Best Stocks with Higher Insider Ownership – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Cleveland-Cliffs Closes Acquisition of Real Estate Interests (finance.yahoo.com)
- Daqo New Energy Corp (DQ) Given Consensus Recommendation of “Buy” by Brokerages (americanbankingnews.com)
Several research analysts have recently weighed in on DQ shares. Zacks Investment Research lowered Daqo New Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, October 10th. Roth Capital set a $35.00 price objective on Daqo New Energy and gave the stock a “buy” rating in a research report on Sunday, August 20th. Finally, ValuEngine upgraded Daqo New Energy from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. One analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $51.67.
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Daqo New Energy Company Profile
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.
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