DQ Stock Recent News
DQ LATEST HEADLINES
The next big things for investors are always around the corner. As investors say goodbye to the 2022 bear market, we look forward to what could be an excellent 2023.
In this article, we will go over the top two Chinese stocks that investors should buy now in preparation for 2023.
DQ remains a gem at $50.45 despite the recent 14.68% recovery, given the inherent book value of $55.67 per share in FQ3'22. Combined with the strength of its multiple long-term supply agreement and ambitious 200K MT expansion plans in Inner Mongolia, the stock has an insanely massive runway for growth.
The company's polysilicon average selling price increased from $33.08/kg in 2Q 2022 to $36.44/kg in 3Q 2022. Daqo's polysilicon sales volume increased by 12% to 33126 MT in 3Q 2022.
Daqo New Energy Corp. released a $700 million buyback program ahead of schedule, representing an 18% share buyback. New long-term polysilicon deals keep rolling in for Daqo New Energy, securing over 6 times annual production.
Daqo New Energy Corp (NYSE: DQ) shares are trading higher by 11.3% to $51.32 during Monday's trading session after the company announced a $700 million buyback program.
Daqo (DQ) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Daqo New Energy is an ultra-cheap polysilicon manufacturer. The industry is Semiconductors, Specialty Chemicals. Produces and sells polysilicon to photovoltaic manufacturers in China. The company is currently listed on the NYSE. There is an opportunity to buy a subsidiary with substantially similar characteristics in Shanghai. Daqo plans to list in Hong Kong in.
Daqo (DQ) delivered earnings and revenue surprises of -39.16% and 10.41%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Daqo New Energy Corp. (NYSE:DQ ) Q3 2022 Earnings Conference Call October 27, 2022 8:00 AM ET Company Participants Kevin He - Investor Relations Ming Yang - Chief Financial Officer Conference Call Participants Philip Shen - ROTH Capital Partners Gary Zhou - Credit Suisse Alan Lau - Jefferies Operator Good day, and welcome to the Daqo New Energy Third Quarter 2022 Results Conference Call. All participants will be in listen-only-mode.