Analyst Predictions Are In For Daqo New Energy Corp. (NYSE:DQ), Cenveo, Inc. (NYSE:CVO)

Brokerage 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 2.00. Those same analysts are projecting that the stock will reach $51.78 on a short term basis.

Performance
At the time of writing, the stock was trading at $68.24. This represents a change from most recent open price of 6.62%. In terms of performance, year to date, the stock is 14.80%. The monthly stock performance comes in at 34.86%. For the quarter, shares are performing at 109.33%. Weekly performance analysis shows the equity at 5.34%.

Technicals
In taking a look at technical levels, shares are trading 37.20% away from the 50 day simple moving average and 123.43% away from the 200 day simple moving average. Based on a recent bid, the stock is trading 4.18% away from it’s 52- week high and 278.90% 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 67.17. In looking at volatility levels, the shares saw weekly volatility of 10.69% and 7.58% over the past month.

Equity Research firms currently have a positive stance on shares of Cenveo, Inc. (NYSE:CVO). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.50. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $10.00 on a short term basis.

Cenveo, Inc. (NYSE:CVO) shares typically trade an average volume of 710.68 and institutions hold 39.80% of the total shares.  

MOVING AVERAGES

We see here that the stock is 18.02% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of 11.31% from current levels.  Further back, their 200-Day Simple Moving Average is -68.89% difference from today’s price.  Currently, the stock is -49.10% from its 50-Day High and 47.87% from the 50-day low. 

Cenveo, Inc. (NYSE:CVO)‘s stock has performed at 25.56%.  Breaking that down further, it has performed -5.84% for the week, 11.88% for the month, -52.02% over the last quarter, -82.06% for the past half-year and -84.17% for this last year. 

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