News headlines about Pangaea Logistics Solutions (NASDAQ:PANL) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Pangaea Logistics Solutions earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media headlines about the shipping company an impact score of 46.4220459979518 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Separately, Deutsche Bank AG started coverage on Pangaea Logistics Solutions in a report on Wednesday, August 30th. They set a “buy” rating and a $111.10 target price for the company.
Pangaea Logistics Solutions (PANL) remained flat at $2.65 during midday trading on Wednesday. The company’s stock had a trading volume of 6,769 shares. Pangaea Logistics Solutions has a 52-week low of $2.30 and a 52-week high of $4.44. The firm has a market capitalization of $116.06 million, a PE ratio of 37.86 and a beta of 0.38. The company has a 50 day moving average of $2.60 and a 200-day moving average of $3.01.
Pangaea Logistics Solutions (NASDAQ:PANL) last issued its quarterly earnings results on Monday, August 14th. The shipping company reported $0.01 EPS for the quarter. Pangaea Logistics Solutions had a return on equity of 6.56% and a net margin of 0.88%. The firm had revenue of $91.42 million for the quarter. Analysts predict that Pangaea Logistics Solutions will post ($0.02) earnings per share for the current fiscal year.
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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