DAQO New Energy Corp. found using ticker (DQ) now have 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 140 and 41.81 calculating the average target price we see 86.61. With the stocks previous close at 64.95 this would indicate that there is a potential upside of 33.3%. The 50 day moving average now sits at 66.41 and the 200 moving average now moves to 50.8. The company has a market capitalisation of $4,813m. You can visit the company’s website by visiting: https://www.dqsolar.com
The potential market cap would be $6,418m 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.
