Daqo New Energy Corp. (DQ) Forms $35.12 Double Top; NESTE OIL ORDINARY SHARES FINLAND (NTOIF) Shorts Up By 0.97%

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Daqo New Energy Corp. (DQ) formed double top with $36.17 target or 3.00% above today’s $35.12 share price. Daqo New Energy Corp. (DQ) has $451.78 million valuation. The stock decreased 6.94% or $2.62 during the last trading session, reaching $35.12. About 1.13M shares traded or 79.55% up from the average. Daqo New Energy Corp. (NYSE:DQ) has risen 188.79% since June 16, 2017 and is uptrending. It has outperformed by 176.22% the S&P500. Some Historical DQ News: ; 24/05/2018 – Daqo New Energy Receives Government Approval for Entire Phase 4 Capacity Expansion; 11/04/2018 – DAQO NEW ENERGY REPORTS PROPOSED FOLLOW-ON OFFERING OF AMERICAN; 08/05/2018 – DAQO NEW ENERGY CORP – CAPITAL EXPENDITURES FOR EXPANSION PROJECT IS ESTIMATED TO BE APPROXIMATELY RMB3.2 BLN; 08/05/2018 – DAQO NEW ENERGY CORP – DESIGN, CONSTRUCTION AND INSTALLATION OF NEW FACILITY IS SCHEDULED TO COMMENCE IN MAY 2018; 08/05/2018 – DAQO NEW ENERGY – PHASE 4A EXPANSION PLAN CALLS FOR CONSTRUCTION OF NEW MANUFACTURING FACILITY ADJACENT TO EXISTING FACILITIES IN SHIHEZI; 08/05/2018 – DAQO NEW ENERGY CORP – QTRLY INCOME PER ADS $2.79; 16/03/2018 – Daqo New Energy Filed Its 2017 Annual Report on Form 20-F; 11/04/2018 – Daqo New Energy Corp. Announces Proposed Follow-on Public Offering of Amer Depositary Shrs; 08/05/2018 – DAQO NEW ENERGY – CAPITAL EXPENDITURES FOR EXPANSION PROJECT WILL BE FINANCED BY CO’S CASH, CASH FLOW FROM OPERATIONS, BANK LOANS & OTHER; 08/05/2018 – Daqo New Energy 1Q Net $31.6M

NESTE OIL ORDINARY SHARES FINLAND (OTCMKTS:NTOIF) had an increase of 0.97% in short interest. NTOIF’s SI was 3.78M shares in June as released by FINRA. Its up 0.97% from 3.74M shares previously. With 100 avg volume, 37809 days are for NESTE OIL ORDINARY SHARES FINLAND (OTCMKTS:NTOIF)’s short sellers to cover NTOIF’s short positions. The SI to NESTE OIL ORDINARY SHARES FINLAND’s float is 3.1%. The stock decreased 0.06% or $0.05 during the last trading session, reaching $76.95. About 100 shares traded. Neste Oyj (OTCMKTS:NTOIF) has 0.00% since June 16, 2017 and is . It has underperformed by 12.57% the S&P500.

Analysts await Daqo New Energy Corp. (NYSE:DQ) to report earnings on August, 14. They expect $2.45 earnings per share, up 105.88% or $1.26 from last year’s $1.19 per share. DQ’s profit will be $31.52 million for 3.58 P/E if the $2.45 EPS becomes a reality. After $2.79 actual earnings per share reported by Daqo New Energy Corp. for the previous quarter, Wall Street now forecasts -12.19% negative EPS growth.

Among 3 analysts covering Daqo New Energy (NYSE:DQ), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Daqo New Energy had 15 analyst reports since August 12, 2015 according to SRatingsIntel. Northland Capital initiated Daqo New Energy Corp. (NYSE:DQ) on Friday, December 18 with “Outperform” rating. The stock has “Buy” rating by Roth Capital on Friday, May 26. The stock has “Buy” rating by Roth Capital on Sunday, August 13. The rating was maintained by Roth Capital on Monday, June 5 with “Buy”. On Monday, October 16 the stock rating was maintained by Roth Capital with “Buy”. The stock of Daqo New Energy Corp. (NYSE:DQ) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, November 10. Roth Capital maintained it with “Buy” rating and $3500 target in Friday, July 14 report. The rating was maintained by Roth Capital with “Buy” on Thursday, May 24. The stock of Daqo New Energy Corp. (NYSE:DQ) earned “Buy” rating by Roth Capital on Friday, November 3. The rating was maintained by Roth Capital on Monday, June 26 with “Buy”.