Pangaea Logistics Solutions Ltd. (PANL) Hit a 52 Week High, Can the Run Continue?

Shares of Pangaea Logistics (PANL) have been strong performers lately, with the stock up 36.8% over the past month. The stock hit a new 52-week high of $7 in the previous session. Pangaea Logistics has gained 24.1% since the start of the year compared to the -6.6% gain for the Zacks Transportation sector and the 14.5% return for the Zacks Transportation - Shipping industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, having beaten the Zacks Consensus Estima ...