Extremely important positive changes in investment behavior have recently occurred for Pangaea Logistics Solutions Ltd (NASDAQ: PANL): positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.
Pangaea Logistics Solutions Ltd (NASDAQ: PANL). Small positive changes in fundamentals have recently occurred: significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
PANL is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Pangaea Logistics Solutions has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Pangaea Logistics Solutions has a slightly positive Power Rating of 65 and a good Appreciation Score of 74, with the Positive Value Trend Rating the result.
Recent Price Action
Pangaea Logistics Solutions Ltd (NASDAQ: PANL) stock enjoyed a large increase of 2.5% on 11/15/23. The stock closed at $7.08. The stock has risen 17.2% during the last week and has been strong relative to the market over the last nine months.
Be the first to comment