DAQO New Energy Corp. found using ticker (DQ) have now 14 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 102 and 34.75 calculating the average target price we see 61.59. Now with the previous closing price of 52.02 this would imply there is a potential upside of 18.4%. The 50 day moving average now sits at 43.98 and the 200 day moving average is 54.02. The market cap for the company is $4,119m. Company Website: https://www.dqsolar.com
The potential market cap would be $4,877m based on the market concensus.
Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufactures in the People’s Republic of China. Its products are used in ingots, wafers, cells, and modules for solar power solutions. The company was formerly known as Mega Stand International Limited and changed its name to Daqo New Energy Corp. in August 2009. Daqo New Energy Corp. was founded in 2006 and is based in Shanghai, the People’s Republic of China.
