DAQO New Energy Corp. with ticker code (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 mean target price we have 86.61. Given that the stocks previous close was at 51.77 this indicates there is a potential upside of 67.3%. There is a 50 day moving average of 63.49 and the 200 day MA is 51.03. The market cap for the company is $3,882m. Visit the company website at: https://www.dqsolar.com
The potential market cap would be $6,494m 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.
