Pangaea Logistics Solutions, Ltd. , together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide.
Pangaea Logistics Solutions stock last closed at $6.97, up 1.9% from the previous day, and has increased 22.28% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.13 percentage points. Pangaea Logistics Solutions stock is currently +33.27% from its 52-week low of $5.23, and -26.82% from its 52-week high of $9.53.
As of Mar 28, 2024, there are 46.72M shares of PANL outstanding. The market cap of PANL is $325.65M. In the last 24 hours, 899,489 PANL shares were traded.
How to Buy Pangaea Logistics Solutions Stock
Not sure how to invest in Pangaea Logistics Solutions stock? Here's how.
Decide where to buy Pangaea Logistics Solutions stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Pangaea Logistics Solutions stock.
Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
Deposit funds into your investment account: Choose your payment method and add your info.
Research Pangaea Logistics Solutions stock: The Pangaea Logistics Solutions ticker symbol is PANL. Is Pangaea Logistics Solutions stock a good investment? Should you buy shares of PANL? How do PANL's underlying business fundamentals look? Do top analysts think Pangaea Logistics Solutions is a good buy? Why has PANL's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if PANL is a good stock to buy).
Execute your PANL buy order: Decide if you will purchase PANL shares at the current market price or use a limit order to buy PANL stock at a particular price.
Track your PANL position: Create a watchlist to get live updates on your new investment in Pangaea Logistics Solutions shares.
Step 1: Decide where to buy Pangaea Logistics Solutions stock
You need an online brokerage account to access the NASDAQ market and buy PANL stock.
A brokerage account allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.
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Step 2: Sign up for a brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal details so you can buy PANL stock today.
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Step 4: Research Pangaea Logistics Solutions stock
After you have chosen the best place to buy Pangaea Logistics Solutions stock, it's very important to analyze their stock before you buy, so you truly wrap your head around the risk and upside.
Pangaea Logistics Solutions shares quick numbers
PANL Price
$6.97
1w %
-1.13%
1y %
22.28%
5y %
116.46%
P/E
11.81x
P/B
1.01x
P/S
0.63x
PEG
2.3x
Revenue
$499.27M
Earnings
$26.32M
Fore. Rev. Growth
3.98%
Fore. Earn. Growth
N/A
Market Cap
$325.65M
Next Earnings
May 8, 2024
Next Dividend
N/A
Pangaea Logistics Solutions Due Diligence Checks
WallStreetZen was created to help everyday investors do more accurate fundamental analysis in less time.
Last year, PANL earnings were $26.32M. Over the past five year, PANL's earnings have gone up by 7.03% per year. This was slower than the Marine Shipping industry average of 15.16%.
Last year, PANL revenue was $499.27M. In the last 5 year, PANL's revenue has gone up by 6.01% per year. This was slower than the Marine Shipping industry average of 15.59%.
Pangaea Logistics Solutions pays a dividend of 5.74%, compared to the Marine Shipping industry's average dividend yield of 7.98%. If you owned $1,000 worth of PANL stock, you would have been paid $57.39 last year.
Pangaea Logistics Solutions dividend payments have consistently grown over the past 5 years but have not remained stable.
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Step 5: Execute your PANL buy order
There are two primary options:
Market order: A market order is an order to buy or sell a security at the best available price. Market orders are mostly sufficient.
Limit order: A limit order lets you buy or sell a stock at a specific price (or better). If you want to be certain you're buying or selling at a given price, use a limit order.
Hit the Open Trade button and your broker will place your order.
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How much does it cost to buy one Pangaea Logistics Solutions share?
As of Mar 28, 2024, it costs $6.97 to buy one share of Pangaea Logistics Solutions stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.43 shares of PANL.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.