Somewhat Positive News Coverage Somewhat Unlikely to Affect Daqo New Energy (DQ) Stock Price

News headlines about Daqo New Energy (NYSE:DQ) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Daqo New Energy earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news headlines about the semiconductor company an impact score of 46.0633356023946 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the news headlines that may have effected Accern’s rankings:

A number of research firms have issued reports on DQ. Roth Capital set a $65.00 target price on Daqo New Energy and gave the company a “buy” rating in a research note on Monday, December 4th. Zacks Investment Research upgraded Daqo New Energy from a “hold” rating to a “strong-buy” rating and set a $50.00 target price on the stock in a research note on Monday, November 20th. Finally, TheStreet upgraded Daqo New Energy from a “c+” rating to a “b” rating in a research note on Wednesday, November 15th. One equities research analyst has rated the stock with a hold rating, two have assigned 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 an average price target of $51.67.

Shares of Daqo New Energy (NYSE:DQ) opened at $50.26 on Tuesday. Daqo New Energy has a one year low of $18.01 and a one year high of $58.49. The company has a current ratio of 0.57, a quick ratio of 0.49 and a debt-to-equity ratio of 0.34. The firm has a market cap of $496.13, a PE ratio of 7.63, a P/E/G ratio of 0.94 and a beta of 2.05.

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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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