News articles about Pangaea Logistics Solutions (NASDAQ:PANL) have been trending positive on Tuesday, according to Accern Sentiment. The research firm scores the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Pangaea Logistics Solutions earned a media sentiment score of 0.29 on Accern’s scale. Accern also assigned media coverage about the shipping company an impact score of 44.9836256813316 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Shares of Pangaea Logistics Solutions (NASDAQ:PANL) traded down $0.48 during trading on Tuesday, reaching $4.02. 46,000 shares of the company were exchanged, compared to its average volume of 36,034. The stock has a market cap of $197.08, a price-to-earnings ratio of 13.23 and a beta of 0.98. Pangaea Logistics Solutions has a 1 year low of $2.14 and a 1 year high of $8.40. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.31 and a quick ratio of 1.08.

Pangaea Logistics Solutions (NASDAQ:PANL) last issued its quarterly earnings results on Thursday, November 9th. The shipping company reported $0.17 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.08 by $0.09. The firm had revenue of $107.02 million for the quarter. Pangaea Logistics Solutions had a net margin of 1.10% and a return on equity of 6.90%. equities analysts anticipate that Pangaea Logistics Solutions will post 0.21 EPS for the current fiscal year.

A number of brokerages recently weighed in on PANL. TheStreet raised shares of Pangaea Logistics Solutions from a “d+” rating to a “c-” rating in a research note on Monday, November 27th. Noble Financial began coverage on shares of Pangaea Logistics Solutions in a research note on Tuesday, December 12th. They issued a “buy” rating on the stock. ValuEngine raised shares of Pangaea Logistics Solutions from a “hold” rating to a “buy” rating in a research note on Friday. Deutsche Bank began coverage on shares of Pangaea Logistics Solutions in a research note on Wednesday, August 30th. They issued a “buy” rating and a $111.10 price target on the stock. Finally, Fearnley Fonds began coverage on shares of Pangaea Logistics Solutions in a research note on Tuesday, October 10th. They issued a “buy” rating and a $3.60 price target on the stock. Four research analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and a consensus target price of $57.35.

In other Pangaea Logistics Solutions news, Director Anthony Laura sold 13,000 shares of the stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $4.50, for a total value of $58,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 86.15% of the stock is currently owned by corporate insiders.

TRADEMARK VIOLATION WARNING: This news story was reported by Watch List News and is the sole property of of Watch List News. If you are accessing this news story on another website, it was illegally copied and reposted in violation of US and international trademark & copyright laws. The original version of this news story can be viewed at https://www.watchlistnews.com/pangaea-logistics-solutions-panl-earns-daily-news-sentiment-rating-of-0-29/1773133.html.

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.

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

Receive News & Ratings for Pangaea Logistics Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pangaea Logistics Solutions and related companies with MarketBeat.com's FREE daily email newsletter.