Danaos Corporation Enters Oversold Territory – Tale of the Tape

ZacksDanaos Corporation Enters Oversold Territory Danaos Corporation ’s (DAC) share price has entered into oversold territory with an RSI value of 27.30. The Zacks Consensus Estimate on Danaos Corporation’s earnings for the full year period has increased by 2 cents over the past two months to $0.49 per share. Currently, Danaos Corporationis a Zacks #2 Rank (“Buy”), suggesting that now might be a good time to get in on (DAC) after its recent drop.

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