DAQO New Energy Corp. with ticker code (DQ) now have 14 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 with the average target price sitting at 62.65. Now with the previous closing price of 42.07 this indicates there is a potential upside of 48.9%. The 50 day MA is 44.37 and the 200 moving average now moves to 53.7. The market cap for the company is $3,212m. Find out more information at: https://www.dqsolar.com
The potential market cap would be $4,783m 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.