PAL Stock Summary and Trading Ideas (Proficient Auto Logistics | NASDAQ:PAL)

Proficient Auto Logistics Inc is a non-union, specialized freight company focused on providing auto transportation and logistics services. The company operates auto transportation fleets in North America based upon information obtained from the Auto Haulers Association of America, utilizing auto transport vehicles and trailers daily, including Company-owned transport vehicles and trailers. The reportable segments of the company are Truckload and Brokerage. The company derives maximum revenue from the brokerage segment that retains the customer relationship, including billing and collection, and outsources the transportation of the loads to third-party carriers.

Proficient Auto Logistics trades on the NASDAQ stock market under the symbol PAL.

As of December 13, 2024, PAL stock price declined to $9.21 with 105,165 million shares trading.

PAL has a beta of 0.97, meaning it tends to be less sensitive to market movements. PAL has a correlation of 0.04 to the broad based SPY ETF.

PAL has a market cap of $248.94 million. This is considered a Small Cap stock.

Last quarter Proficient Auto Logistics reported $92 million in Revenue and $.07 earnings per share. This beat revenue expectation by $846,000 and exceeded earnings estimates by $.01.

The top ETF exchange traded funds that PAL belongs to (by Net Assets): IWM, VTI, VXF, IWN, SCHA.

PAL support price is $9.18 and resistance is $9.79 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PAL shares will trade within this expected range on the day.