Is Danaos Corporation (DAC) a Good Buy in the Marine Shipping Industry?

The 64 rating InvestorsObserver gives to Danaos Corporation (DAC) stock puts it near the top of the Marine Shipping industry. In addition to scoring higher than 76 percent of stocks in the Marine Shipping industry, DAC’s 64 overall rating means the stock scores better than 64 percent of all stocks.

DAC has an Overall Score of 64. Find out what this means to you and get the rest of the rankings on DAC!

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What do These Ratings Mean?

Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies that have relatively similar businesses can be tricky to compare sometimes. InvestorsObserver’s tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the top stocks in that sector. This ranking system incorporates numerous factors used by analysts to compare stocks in greater detail. This allows you to find the best stocks available in any industry with relative ease. These percentile-ranked scores using both fundamental and technical analysis give investors an easy way to view the attractiveness of specific stocks. Stocks with the highest scores have the best evaluations by analysts working on Wall Street.

What's Happening With Danaos Corporation Stock Today?

Danaos Corporation (DAC) stock is trading at $73.45 as of 10:29 AM on Tuesday, Oct 5, an increase of $2.58, or 3.64% from the previous closing price of $70.87. The stock has traded between $70.71 and $74.62 so far today. Volume today is less active than usual. So far 143,850 shares have traded compared to average volume of 368,433 shares. Click Here to get the full Stock Report for Danaos Corporation stock.