DAQO New Energy Corp. with ticker code (DQ) now have 13 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 140 and 41.81 with a mean TP of 85.2. Now with the previous closing price of 48.37 this would imply there is a potential upside of 76.1%. The 50 day moving average now sits at 58.29 and the 200 day moving average is 52. The company has a market capitalisation of $3,385m. Company Website: https://www.dqsolar.com
The potential market cap would be $5,962m 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.
