Analyst Target Price & Stock Review on Daqo New Energy Corp. (NYSE:DQ) and Teligent, Inc. (NASDAQ:TLGT)

Equity Research firms currently have a positive stance on shares of Daqo New Energy Corp. (NYSE:DQ). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.30. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $30.10 on a short term basis.

Performance
At the time of writing, the stock was trading at $28.15. This represents a change from most recent open price of 5.04%. In terms of performance, year to date, the stock is 45.85%. The monthly stock performance comes in at 10.57%. For the quarter, shares are performing at 42.17%. Weekly performance analysis shows the equity at 5.99%.

Technicals
In taking a look at technical levels, shares are trading 14.19% away from the 50 day simple moving average and 26.51% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -8.61% away from it’s 52- week high and 56.30% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Daqo New Energy Corp.’s RSI stands at 64.61. In looking at volatility levels, the shares saw weekly volatility of 4.56% and 3.82% over the past month.

Sell-side analysts are offering a consensus “Buy” rating on shares of Teligent, Inc. (NASDAQ:TLGT).  Using the following ratings scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell and 5.0 Strong Sell, analysts have an average recommendation of 2.00.  Based on a recent trade, the shares are hovering around $7.19 which, according to analysts, yield significant upside potential to the $9.40 consensus target price.

Teligent, Inc. (NASDAQ:TLGT) shares typically trade an average volume of 396.61 and institutions hold 87.40% of the total shares.  

MOVING AVERAGES

We see here that the stock is 8.46% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of -2.36% from current levels.  Further back, their 200-Day Simple Moving Average is -5.78% difference from today’s price.  Currently, the stock is -22.44% from its 50-Day High and 20.44% from the 50-day low. 

Teligent, Inc. (NASDAQ:TLGT)‘s stock has performed at 8.77%.  Breaking that down further, it has performed 5.27% for the week, 13.77% for the month, -16.69% over the last quarter, -5.02% for the past half-year and -9.33% for this last year. 

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