Danaos (DAC) Set to Announce Earnings on Tuesday

Danaos (NYSE:DAC) is set to release its earnings data before the market opens on Tuesday, November 12th. Analysts expect Danaos to post earnings of $6.86 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Danaos Stock Down 1.2 %

NYSE:DAC opened at $81.96 on Friday. Danaos has a 1 year low of $62.60 and a 1 year high of $98.25. The stock has a 50-day moving average price of $82.67 and a two-hundred day moving average price of $84.95. The stock has a market cap of $1.59 billion, a price-to-earnings ratio of 2.79 and a beta of 1.47. The company has a current ratio of 4.18, a quick ratio of 4.04 and a debt-to-equity ratio of 0.17.

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.