DAQO New Energy Corp. found using ticker (DQ) have now 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 140 and 41.81 and has a mean target at 86.61. With the stocks previous close at 68.28 this is indicating there is a potential upside of 26.8%. The 50 day MA is 66.66 while the 200 day moving average is 50.83. The company has a market cap of $4,831m. You can visit the company’s website by visiting: https://www.dqsolar.com
The potential market cap would be $6,128m 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.