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How to Buy Pangaea Logistics Solutions Stock

Pangaea Logistics Solutions Ltd

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.
  1. 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.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Choose your payment method and add your info.
  4. 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).
  5. 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.
  6. 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 3: Deposit funds into your investment account

Now that you have opened your account on the best stock broker app, you can securely and quickly fund your account:

Check out the walkthrough below if you need help transferring funds into your brokerage account.

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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.

You can see all of the due diligence checks on PANL's stock page.

Is PANL stock overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge PANL's fair value.

Using relative valuations methods:

  • PANL may be undervalued based on its P/E ratio of 11.81x, relative to Marine Shipping industry P/E ratio of 15.97x
  • PANL may be overvalued based on its P/B ratio of 1.01x, relative to Marine Shipping industry P/B ratio of 0.96x
  • PANL may be overvalued based on its PEG ratio of 2.3x

You can access more valuation analysis on PANL's stock here.

PANL Financial Overview

Passed Financial Due Diligence Checks:

  • Total PANL debt is lower than 5 years ago, relative to shareholder equity.
  • PANL's operating cash flow of $53.79M allows it to safely service it's debt of $264.44M.
  • There are more short-term assets than short-term liabilities on the PANL balance sheet.

Failed Financial Due Diligence Checks:

  • PANL has a relatively high debt to equity ratio of 1.03.
  • PANL earnings of $43.35M is not enough to cover its interest payments.
  • PANL profit margin has gone down from 11.4% to 5.3% in the past year.
  • There are more long-term liabilities than short-term assets on the PANL balance sheet.

You can dig deeper into what analysts are forecasting on the Pangaea Logistics Solutions stock forecast page.

Metrics for Advanced PANL Traders

SMA10
6.88
SMA20
7.52
SMA50
8.23
SMA100
7.8
SMA200
7.02
MACD
-0.42
MACD Signal
-0.37
MACD Histogram
-0.04
RSI
35.59
Stochastic %K
26.55
Stochastic %D
24.67
StochRSI %K
34.71
StochRSI %D
28.35

How are PANL Revenues/Earnings doing?

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%.

Dive into PANL's earnings and revenue performance here.

Who is buying/selling PANL?

Over the last 12 months, insiders at PANL have sold more shares than they have bought.

Karen H. Beachy, Director of PANL, was the latest PANL insider to buy. They bought $119,999.51 worth of PANL stock on Feb 16, 2024.

Research more about who owns PANL stock here.

Does PANL stock generate passive income?

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.

Dig into more info about Pangaea Logistics Solutions dividend yield and history here.

What others are saying about PANL

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

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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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Step 6: Track your PANL position

Now that you own some PANL shares, you'll want to keep up with your investment.

Start a watchlist to get notified of important updates regarding your PANL stock.

PANL Feed

How to Buy Stock in Pangaea Logistics Solutions

To summarize, here are the 6 steps to buy Pangaea Logistics Solutions stock:

  1. Decide where to buy Pangaea Logistics Solutions stock
  2. Sign up for a brokerage account
  3. Deposit funds into your investment account
  4. Research Pangaea Logistics Solutions stock
  5. Execute your PANL buy order
  6. Track your PANL position

If you are looking for a brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep an eye on your new investment in Pangaea Logistics Solutions, click the button below.

NASDAQ: PANL
$6.97+0.13 (+1.9%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: PANL
$6.97+0.13 (+1.9%)
Updated Mar 28, 2024
Open eToro Account

FAQ

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.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Pangaea Logistics Solutions stock?

One way to place an order for Pangaea Logistics Solutions stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

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.