Pangaea Logistics Solns (PANL) Getting Somewhat Positive Media Coverage, Analysis Shows

Media headlines about Pangaea Logistics Solns (NASDAQ:PANL) have been trending somewhat positive on Thursday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pangaea Logistics Solns earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned media headlines about the shipping company an impact score of 47.4971516227644 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

A number of research analysts recently commented on PANL shares. ValuEngine cut Pangaea Logistics Solns from a “buy” rating to a “hold” rating in a report on Monday, April 2nd. Zacks Investment Research cut Pangaea Logistics Solns from a “hold” rating to a “sell” rating in a research note on Tuesday, March 27th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $57.35.

Pangaea Logistics Solns traded down $0.08, reaching $3.14, during trading hours on Thursday, MarketBeat reports. 745 shares of the stock were exchanged, compared to its average volume of 11,930. The company has a quick ratio of 1.00, a current ratio of 1.24 and a debt-to-equity ratio of 0.64. Pangaea Logistics Solns has a twelve month low of $2.13 and a twelve month high of $8.40. The stock has a market capitalization of $141.55 million, a price-to-earnings ratio of 8.26 and a beta of 0.23.

Pangaea Logistics Solns (NASDAQ:PANL) last released its quarterly earnings results on Thursday, May 10th. The shipping company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.05. Pangaea Logistics Solns had a return on equity of 7.67% and a net margin of 2.84%. The company had revenue of $78.97 million for the quarter, compared to analysts’ expectations of $87.22 million. sell-side analysts expect that Pangaea Logistics Solns will post 0.5 EPS for the current fiscal year.

Pangaea Logistics Solns Company Profile

Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. The company offers various dry bulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone.

Insider Buying and Selling by Quarter for Pangaea Logistics Solns (NASDAQ:PANL)

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