Danaos Benefits from Increasing Demand in Container Shipping

Danaos Today Get Danaos alerts: Danaos has impressive fundamentals when it comes to valuations. Shares trade at just 3.23x forward earnings compared to 10.39x for Zim, 9.29x for Genco, and 6.88x for Star Bulk Carriers. The company is profitable, with a price-to-sales ratio of 1.88. The price to book is 0.84 as it generates $34.04 cash per share. The float is rather tiny at just 11.45 million shares, giving it a market capitalization of just $1.83 billion. Danaos Reports Mixed Results for Q1 2024 Overall Mar ...