DAQO New Energy Corp. – Consensus Indicates Potential 73.2% Upside

Broker Ratings

DAQO New Energy Corp. with ticker code (DQ) now have 13 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 103 and 34.75 with a mean TP of 68.16. Given that the stocks previous close was at 39.36 this would imply there is a potential upside of 73.2%. The 50 day MA is 48.41 and the 200 day moving average is 53.66. The company has a market cap of $2,895m. Find out more information at: https://www.dqsolar.com

The potential market cap would be $5,013m based on the market concensus.

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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.

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