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Danaos Corp. (DAC) Jumps: Stock Rises 8.1%

DAC ANW DCIX

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Danaos Corporation (DAC - Free Report) was a big mover last session, as the company saw its shares rise by over 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock has now gained over 21% in the past one month time frame.

This shipping company has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Danaos Corporation currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in same industry include Aegean Marine Petroleum Network Inc. (ANW - Free Report) , Knightsbridge Tankers Ltd. and Diana Containerships Inc. (DCIX - Free Report) . All these stocks hold a Zacks Rank #1 (Strong Buy).

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