Danaos (NYSE:DAC – Get Free Report) will release its earnings data before the market opens on Tuesday, May 28th. Analysts expect Danaos to post earnings of $7.71 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.
Danaos Stock Up 2.7 %
Shares of DAC opened at $90.59 on Friday. The firm has a market cap of $1.76 billion, a PE ratio of 3.13 and a beta of 1.30. The company’s fifty day moving average is $76.66 and its two-hundred day moving average is $73.77. Danaos has a fifty-two week low of $57.75 and a fifty-two week high of $90.95. The company has a quick ratio of 2.84, a current ratio of 2.98 and a debt-to-equity ratio of 0.13.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group reiterated a “buy” rating and issued a $90.00 price target on shares of Danaos in a report on Wednesday, February 14th.
About Danaos
Danaos Corporation, together with its subsidiaries, provides container and drybulk vessels services in Australia, Asia, and Europe. The company offers seaborne transportation services by operating vessels in the containership and drybulk sectors of the shipping industry. As of April 03, 2024, it had a fleet of 68 containerships aggregating 421,293 twenty-foot equivalent units in capacity.
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