Danaos Corporation DAC was a big mover last session, as the company saw its shares rise almost 15% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company — as the stock is now down almost 6% in the past one-month time frame.
The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Danaos currently has a Zacks Rank #1 (Strong Buy).
Another well ranked stock in the same space is Aegean Marine Petroleum Network Inc. ANW sporting the same Zacks Rank as Danaos.
Is DAC going up? Or down? Predict to see what others think: Up or Down
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