DAQO New Energy Corp. found using ticker (DQ) now have 15 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 137 and 25.25 with the average target price sitting at 83.06. With the stocks previous close at 47.46 this would imply there is a potential upside of 75.0%. The 50 day moving average now sits at 42.76 and the 200 day MA is 50.17. The market capitalisation for the company is $3,461m. Company Website: https://www.dqsolar.com
The potential market cap would be $6,057m 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.
