DAQO New Energy Corp. found using ticker (DQ) have now 13 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 137 and 25.25 calculating the average target price we see 80.41. Now with the previous closing price of 67.21 this is indicating there is a potential upside of 19.6%. There is a 50 day moving average of 49.54 and the 200 moving average now moves to 50.34. The company has a market cap of $5,373m. Company Website: https://www.dqsolar.com
The potential market cap would be $6,428m 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.
