Pangaea Logistics Solutions Ltd. (NASDAQ:PANL) announced its quarterly earnings results on Thursday. The company reported $0.17 earnings per share for the quarter. The business had revenue of $70.78 million for the quarter, compared to analysts’ expectations of $372.39 million. Pangaea Logistics Solutions had a positive return on equity of 3.20% and a negative net margin of 0.20%.

Shares of Pangaea Logistics Solutions (NASDAQ:PANL) opened at 2.49 on Friday. Pangaea Logistics Solutions has a 12 month low of $1.89 and a 12 month high of $3.74. The stock’s 50 day moving average price is $2.56 and its 200-day moving average price is $2.49. The firm’s market capitalization is $90.95 million.

Earnings History for Pangaea Logistics Solutions (NASDAQ:PANL)

About Pangaea Logistics Solutions

Pangaea Logistics Solutions Ltd, located in Newport, Rhode Island, provides logistics services. It also have offices in Copenhagen, Athens, Rio de Janeiro, and Singapore.

5 Day Chart for NASDAQ:PANL

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