DAQO New Energy Corp. found using ticker (DQ) have now 13 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 137 and 41.81 calculating the average target price we see 85.68. With the stocks previous close at 64.7 this is indicating there is a potential upside of 32.4%. There is a 50 day moving average of 61.57 and the 200 moving average now moves to 51.35. The company has a market cap of $4,821m. Company Website: https://www.dqsolar.com
The potential market cap would be $6,384m 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.
