Danaos Corp (DAC) Posts Quarterly Results
Danaos Corp (NYSE:DAC) posted its quarterly earnings results on Monday. The company reported $0.14 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.12 by $0.02, American Banking and Market News reports.
Shares of Danaos Corp (NYSE:DAC) traded down 6.16% on Monday, hitting $6.09. The stock had a trading volume of 35,042 shares. Danaos Corp has a 52-week low of $3.11 and a 52-week high of $7.75. The stock has a 50-day moving average of $6.25 and a 200-day moving average of $4.79. The company’s market cap is $667.8 million.
Danaos Corporation is an international owner of containerships. The Company is engaged in acquisition and operation of vessels.
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