Danaos Corporation Common Stock (symbol: DAC) was one of the worst losers
of the trading day today (2016-01-05), losing -9.46%. The number of shares
that changed hands was 61,640, or about 2 times the average daily volume in
the stock.
The closing price was $5.36, amounting to a market cap of $588,430,000,
about -20.0% off the highest price in the last 12 months. The stock has
been trading at a range between $4.56 and $6.7.
DAC is in the Marine Transportation industry, part of the Transportation
sector. It first went public in 2006.
Looking at its valuation, the stock is now trading at 9.96 times earnings.
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