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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
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, solid stock price performance and attractive valuation levels. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet.