DAQO New Energy Corp. with ticker code (DQ) have now 14 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 140 and 41.81 and has a mean target at 86.61. Given that the stocks previous close was at 71.87 this indicates there is a potential upside of 20.5%. The day 50 moving average is 66.56 and the 200 day MA is 50.92. The market cap for the company is $5,098m. Company Website: https://www.dqsolar.com
The potential market cap would be $6,143m 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.
