DAQO New Energy Corp. with ticker code (DQ) have now 15 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 160 and 30.85 calculating the average target price we see 90.32. With the stocks previous close at 47.63 this would indicate that there is a potential upside of 89.6%. There is a 50 day moving average of 40.69 and the 200 moving average now moves to 56.56. The company has a market cap of $3,471m. You can visit the company’s website by visiting: https://www.dqsolar.com
The potential market cap would be $6,581m 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. The photovoltaic product manufactures further process its polysilicon into ingots, wafers, cells, and modules for solar power solutions. It offers ready-to-use polysilicon, and packaged to meet crucible stacking, pulling, and solidification products. 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 headquartered in Shanghai, the People’s Republic of China.
