DAQO New Energy Corp. with ticker code (DQ) have now 14 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 102 and 34.75 calculating the mean target price we have $61.88. Given that the stocks previous close was at $48.00 this indicates there is a potential upside of 28.9%. The 50 day MA is $45.94 and the 200 day MA is $54.16. The total market capitalization for the company now stands at $3,681m. Company Website: https://www.dqsolar.com
The potential market cap would be $4,745m based on the market consensus.
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.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 2.07, revenue per share of 60.74 and a 34.75% return on assets.
