DAQO New Energy Corp. found using ticker (DQ) now have 13 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 137 and 41.81 with the average target price sitting at 85.68. Now with the previous closing price of 64.53 this now indicates there is a potential upside of 32.8%. The 50 day MA is 63.35 and the 200 day moving average is 51.24. The company has a market cap of $4,776m. Visit the company website at: https://www.dqsolar.com
The potential market cap would be $6,341m 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.
