On 12/12/23, Pangaea Logistics Solutions Ltd (NASDAQ: PANL) stock enjoyed a major increase of 10.7%, closing at $7.74. Moreover, trading volume in this advance was exceptionally high at 552% of normal. Relative to the market the stock has been strong over the last nine months and has risen 8.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, PANL is expected to continue to be a modest Value Builder.
Pangaea Logistics Solutions has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Pangaea Logistics Solutions has a good Appreciation Score of 79 and a good Power Rating of 85, resulting in the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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