|Bid||60.00 x 2200|
|Ask||62.00 x 800|
|Day's Range||59.77 - 62.75|
|52 Week Range||58.00 - 107.47|
|Beta (5Y Monthly)||1.48|
|PE Ratio (TTM)||1.18|
|Forward Dividend & Yield||3.00 (4.75%)|
|Ex-Dividend Date||May 26, 2022|
|1y Target Est||N/A|
Subscribe to Yahoo Finance Plus to view Fair Value for DAC
In the latest trading session, Danaos (DAC) closed at $63.10, marking a -1.39% move from the previous day.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The shipping industry has shown resilience in 2022. The Dow Jones U.S. Marine Transport index is up by less than 1% but hasn’t dropped below its January opening value all year. That’s good news for anyone looking for shipping stocks to buy now. According to the International Chamber of Shipping, “some 11 billion tons of goods are transported by ship each year. This represents an impressive 1.5 tons per person based on the current global population.” Shipping has many advantages as a form of long