Danaos Corp. (DAC) in Focus: Stock Adds 5.8% in Session - Tale of the Tape - Danaos (NYSE:DAC)

Danaos Corporation (DAC) was a big mover last session, as the company saw its shares rise almost 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 49.24% over the past one month time frame.

None of the estimates for this shipping industry stock were revised over the past 30 days. The Zacks Consensus Estimate hasn't been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Danaos has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

However, some better ranked shipping stocks include China Shipping Development Company Limited (CSDXY), Diana Containerships Inc. (DCIX) and Knightsbridge Tankers Limited (VLCCF). All these stocks sport a Zacks Rank #1 (Strong Buy).

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Danaos Corp. (DAC) in Focus: Stock Adds 5.8% in Session - Tale of the Tape

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