Pangaea Logistics Solutions: Upgrading On Improved Near-Term Outlook And Discounted Valuation
PANLPangaea Logistics Solutions(PANL) Seeking Alpha·2024-08-12 19:55

PepeBaeza I have covered Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) previously, so investors should view this as an update to my earlier articles on the company. Last week, leading dry bulk shipper Pangaea Logistics Solutions, Ltd. or "Pangaea" reported better-than-expected Q2/2024 results with both the company's top- and bottom-line results coming in ahead of consensus estimates: Company Press Releases / Regulatory Filings On the flip side, adjusted EBITDA margin of 12.8% dropped to its lowest level i ...