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Daqo New Energy Corp (NYSE:DQ) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.

Having a price of $18.63, Daqo New Energy Corp (NYSE:DQ) traded -1.32% lower on the day. With the last stock price down -15.68% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. Daqo New Energy Corp has recorded a 50-day average of $21.08 and a two hundred day average of $22.09. Volume of trade was down over the average, with 18,822 shares of DQ changing hands under the typical 92,608

Zacks Investment Research has upgraded Daqo New Energy Corp (NYSE:DQ) to Hold in a statement released on 4/20/2017.

Performance Chart

Daqo New Energy Corp (NYSE:DQ)

With a market cap of $0, Daqo New Energy Corp has 52 week low of $18.01 and a 52 week high of $27.60 with a P/E ratio of 4.66 .

General Information About Daqo New Energy Corp (NYSE:DQ)

Daqo New Energy Corp. is a polysilicon manufacturer. The Company utilizes the chemical vapor deposition process, or the modified Siemens process, to produce polysilicon. The Company's segments include Polysilicon and Wafer. The Company manufactures and sells polysilicon to photovoltaic product manufacturers, whereby the polysilicon is processed into ingots, wafers, cells and modules for solar power solutions. The Company offers ready-to-use polysilicon, packaged to meet crucible stacking, pulling and solidification needs. The Company offers wafers through its downstream photovoltaic product manufacturing business. The Company also provides wafer original equipment manufacturer (OEM) service to external customers through tolling agreements by processing polysilicon to produce ingot and wafer. Its annual capacity for polysilicon is approximately 12,150 metric tons (MT) in Xinjiang. The Company's wafer manufacturing annual capacity is approximately 90 million pieces.

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