Pangaea Logistics Solutions Ltd (PANL) Announces Earnings Results

Pangaea Logistics Solutions Ltd (NASDAQ:PANL) released its quarterly earnings results on Wednesday. The shipping company reported $0.16 EPS for the quarter. Pangaea Logistics Solutions had a net margin of 1.14% and a return on equity of 4.73%. The business had revenue of $84.46 million for the quarter.

Pangaea Logistics Solutions (NASDAQ:PANL) traded up 1.2994% during trading on Thursday, hitting $3.3834. 207 shares of the company traded hands. The stock has a 50 day moving average price of $3.36 and a 200 day moving average price of $3.16. The company has a market capitalization of $124.03 million, a P/E ratio of 16.1114 and a beta of 0.42. Pangaea Logistics Solutions has a 12-month low of $2.22 and a 12-month high of $4.44.

Earnings History for Pangaea Logistics Solutions (NASDAQ:PANL)

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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.

5 Day Chart for NASDAQ:PANL

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