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Should You Hold Danaos Corporation (DAC) Stock Tuesday Morning?

Tuesday, March 02, 2021 08:26 AM | InvestorsObserver Analysts

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Should You Hold Danaos Corporation (DAC) Stock Tuesday Morning?

Danaos Corporation (DAC) is up 5.07% today.

Overall Score - 74
DAC has an Overall Score of 74. Find out what this means to you and get the rest of the rankings on DAC!
DAC stock closed at $40.44 and is up $2.05 during pre-market trading. Pre-market tends to be more volatile due to significantly lower volume as most investors only trade between standard trading hours.

DAC has a strong overall score of 74 meaning the stock holds a better value than 74% of stocks at its current price. InvestorsObserver's overall ranking system is a comprehensive evaluation and considers both technical and fundamental factors when evaluating a stock. The overall score is a great starting point for investors that are beginning to evaluate a stock. DAC gets a average Short-Term Technical score of 60 from InvestorsObserver's proprietary ranking system. This means that the stock's trading pattern over the last month have been neutral. Danaos Corporation currently has the 118th highest Short-Term Technical score in the Marine Shipping industry. The Short-Term Technical score evaluates a stock's trading pattern over the past month and is most useful to short-term stock and option traders. Danaos Corporation's Overall and Short-Term Technical score paint a strong picture for DAC's recent trading patterns and forecasted price. Click Here to get the full Stock Score Report on Danaos Corporation (DAC) Stock.

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