NYSE:DACShipping
Is Danaos (DAC) Still Attractive After Strong Multi‑Year Share Price Gains
If you are wondering whether Danaos is still good value after its recent run, you are in the right place. This article focuses squarely on what you are paying for each dollar of the business.
The stock last closed at US$111.57, with returns of 4.0% over 7 days, 10.8% over 30 days, 17.1% year to date, 41.5% over 1 year and 116.4% over 3 years. These figures naturally raise questions about how much upside or risk is now priced in.
Recent coverage of Danaos has highlighted its role in the...