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Danaos Corporation, together with its subsidiaries, engages in the ownership and operation of containerships, as well as chartering of its vessels to liner companies in Greece and internationally. The company primarily offers seaborne transportation services.View DAC key stats
Danaos Corp - DAC - EQUITY
Reviewed By: TheStreet Ratings on .
Report Summary: TheStreet Ratings team rates Danaos Corp as a
Hold with a ratings score of C-.
Report Snippet: We rate DANAOS CORP (DAC) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally higher debt management risk and disappointing return on equity.