DAQO New Energy Corp. (DQ Quick QuoteDQ - Free Report) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company for the company—as the stock is now up 12.73% in the past one-month time frame.

The company has seen one negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

DAQO New Energy currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

DAQO New Energy Corp. Price

A better-ranked stock in the Basic Materials sector is Ferroglobe PLC (GSM Quick QuoteGSM - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is DQ going up? Or down? Predict to see what others think: Up or Down.

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