Zacks: Pangaea Logistics Solutions Ltd. (PANL) Given Consensus Recommendation of “” by Brokerages
Pangaea Logistics Solutions Ltd. (NASDAQ:PANL) has earned a consensus broker rating score of 0.00 () from the zero analysts that cover the company, Zacks Investment Research reports.
Zacks has also given Pangaea Logistics Solutions an industry rank of 196 out of 265 based on the ratings given to its competitors.
Pangaea Logistics Solutions (PANL) opened at 2.58 on Friday. Pangaea Logistics Solutions has a 12-month low of $2.30 and a 12-month high of $4.44. The firm has a market cap of $96.13 million, a PE ratio of 11.94 and a beta of 0.37. The stock has a 50 day moving average of $2.73 and a 200 day moving average of $3.09.
Pangaea Logistics Solutions (NASDAQ:PANL) last announced its quarterly earnings data on Wednesday, May 10th. The shipping company reported $0.16 EPS for the quarter. The company had revenue of $84.46 million during the quarter. Pangaea Logistics Solutions had a net margin of 2.73% and a return on equity of 6.74%. On average, equities research analysts anticipate that Pangaea Logistics Solutions will post ($0.02) EPS for the current fiscal year.
An institutional investor recently raised its position in Pangaea Logistics Solutions stock. RBF Capital LLC increased its stake in Pangaea Logistics Solutions Ltd. (NASDAQ:PANL) by 16.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 117,179 shares of the shipping company’s stock after buying an additional 16,630 shares during the period. RBF Capital LLC owned 0.33% of Pangaea Logistics Solutions worth $400,000 at the end of the most recent quarter. Institutional investors and hedge funds own 25.18% of the company’s stock.
Pangaea Logistics Solutions Company Profile
Pangaea Logistics Solutions, Ltd. is a holding company. The Company is a provider of seaborne drybulk transportation services. The Company services a range of industrial customers who require the transportation of a range of drybulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite and limestone.
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