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Home›Marine stocks›Is Danaos Corporation (DAC) a good buy in the shipping industry?

Is Danaos Corporation (DAC) a good buy in the shipping industry?

By Andre Cruz
October 5, 2021
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Hill 64 Investors Observer puts Danaos Corporation (DAC) stock near the top of the shipping industry. In addition to scoring over 76 percent of stocks in the shipping industry, DAC’s overall score of 64 means the stock scores over 64 percent of all stocks.

DAC has an overall score of 64. Find out what that means to you and get the rest of the leaderboard on DAC!

What do these notes mean?

Finding the best stocks can be tricky. It is not easy to compare companies from all industries. Even companies that have relatively similar activities can sometimes be difficult to compare. Investors ObserverThe tools allow for a top-down approach that lets you choose a metric, find the top performing sector and industry, and then find the top stocks in that sector. This ranking system incorporates many factors used by analysts to compare stocks in more detail. This allows you to find the best stocks available in any industry with relative ease. These percentile scores using both fundamental and technical analysis provide investors with an easy way to visualize the attractiveness of specific stocks. The stocks with the highest scores have the best valuations by analysts working on Wall Street.

What is happening with the shares of Danaos Corporation today?

Danaos Corporation (DAC) shares are trading at $ 73.45 on Tuesday, October 5 at 10:29 a.m., 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. The volume today is less active than usual. So far 143,850 shares have been traded for an average volume of 368,433 shares. Click here for the full Danaos Corporation Stock Report.


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