Pangaea Logistics Solutions Ltd. (PANL) Hits Fresh High: Is There Still Room to Run?

Shares of Pangaea Logistics (PANL) have been strong performers lately, with the stock up 41.4% over the past month. The stock hit a new 52-week high of $7.23 in the previous session. Pangaea Logistics has gained 31.3% since the start of the year compared to the -0.1% gain for the Zacks Transportation sector and the 14.4% return for the Zacks Transportation - Shipping industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, having beaten the Zacks Consens ...