Toronto, Ontario--(Newsfile Corp. - May 17, 2013) - Leading smallcap investor portal Smallcappower is pleased to highlight Daqo New Energy Corporation (NYSE: DQ) as their Daily Momentum Gainer to watch. You can see the chart and view the analyst's summary here: http://www.smallcappower.com/posts/article-top-momentum-gainer-17-5-2013.
During yesterday's trading session, DQ was the top gainer in the U.S. energy space having gained 26% and closed the day at $8.11 recording volumes of over 225,215 shares. During the past 5 trading sessions, DQ surged 54% with 5-day average volume of 120,858 shares, while the stock accumulated 70% during the past month with 1-Month average volume of 57,655 shares. On May 16, 2013, Bloomberg reported that China is preparing to set anti-dumping duties on imports of the raw material used for the manufacture of solar panels, which could benefit China-based solar equipment manufacturers such as Daqo New Energy Corporation.
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