PANL Stock Summary and Trading Ideas (Pangaea Logistics Solns | NASDAQ:PANL)

Pangaea Logistics Solutions Ltd and its subsidiaries provide seaborne drybulk transportation services. It transports drybulk cargos including grains, coal, iron, ore, pig, iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. The firm's services include cargo loading, cargo discharge, vessel chartering, voyage planning and technical vessel management. The company derives all of its revenues from contracts of affreightment, voyage charters and time charters.

Pangaea Logistics Solns trades on the NASDAQ stock market under the symbol PANL.

As of January 31, 2025, PANL stock price declined to $5.29 with 89,893 million shares trading.

PANL has a beta of 1.02, meaning it tends to be more sensitive to market movements. PANL has a correlation of 0.10 to the broad based SPY ETF.

PANL has a market cap of $343.65 million. This is considered a Small Cap stock.

Last quarter Pangaea Logistics Solns reported $153 million in Revenue and $.24 earnings per share. This beat revenue expectation by $12 million and missed earnings estimates by -$.03.

In the last 3 years, PANL traded as high as $9.53 and as low as $3.84.

The top ETF exchange traded funds that PANL belongs to (by Net Assets): AVUV, IWM, VXF, BSVO, IWN.

PANL has underperformed the market in the last year with a price return of -40.2% while the SPY ETF gained +24.9%. PANL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -15.3% and -6.4%, respectively, while the SPY returned +4.9% and +2.5%, respectively.

PANL support price is $5.23 and resistance is $5.49 (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 PANL shares will trade within this expected range on the day.