DAQO New Energy Corp. with ticker code (DQ) have now 15 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 137 and 25.25 and has a mean target at 83.06. With the stocks previous close at 48.61 this now indicates there is a potential upside of 70.9%. The 50 day MA is 43.44 and the 200 day MA is 49.87. The company has a market cap of $3,544m. You can visit the company’s website by visiting: https://www.dqsolar.com
The potential market cap would be $6,055m 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.
