Danaos Corporation (DAC) Stock Gains 2.77% This Week; Should You Buy?

Danaos Corporation (DAC) stock is higher by 36.14% over the last 12 months, and the average rating from Wall Street analysts is a Strong Buy. InvestorsObserver’s proprietary ranking system, gives DAC stock a score of 71 out of a possible 100.

That rank is mainly influenced by a short-term technical score of 88. DAC's rank also includes a long-term technical score of 88. The fundamental score for DAC is 37. In addition to the average rating from Wall Street analysts, DAC stock has a mean target price of $125.00. This means analysts expect the stock to gain 53.05% over the next 12 months.

DAC has an Overall Score of 71. Find out what this means to you and get the rest of the rankings on DAC!

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What's Happening with DAC Stock Today

Danaos Corporation (DAC) stock is up 2.48% while the S&P 500 is higher by 0.13% as of 1:33 PM on Monday, May 16. DAC is higher by $1.98 from the previous closing price of $79.69 on volume of 315,450 shares. Over the past year the S&P 500 is lower by -3.22% while DAC is higher by 36.14%. DAC earned $51.15 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 1.6. Click Here to get the full Stock Report for Danaos Corporation stock.