DAQO New Energy Corp. with ticker code (DQ) now have 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 102 and 34.75 calculating the mean target price we have 64.39. With the stocks previous close at 44.42 this would indicate that there is a potential upside of 45.0%. There is a 50 day moving average of 47.44 and the 200 day moving average is 53.5. The market cap for the company is $3,273m. Visit the company website at: https://www.dqsolar.com
The potential market cap would be $4,744m 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.
