08.03.2022 16:05:45

Daqo New Energy Continues To Trade Higher

(RTTNews) - Shares of polysilicon manufacturer Daqo New Energy Corp. (DQ) are rising more than 4% in the morning trade on Tuesday at $49.37.

There have been no company-specific news, that could be attributable to the upward movement of the stock.

Ever since the company announced long-term high-purity polysilicon supply agreement with a leading solar manufacturing company in China last week, the stock has gained nearly 15%.

It has traded in the range of $34.47-$95.41 in the past 52 weeks.

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Daqo New Energy Corp (spons. ADRs) 18,65 -1,06% Daqo New Energy Corp (spons. ADRs)