Paragon Shipping (PRGN) to Release Quarterly Earnings on Tuesday
Paragon Shipping (NASDAQ:PRGN) will be posting its Q214 quarterly earnings results on Tuesday, September 2nd. Analysts expect Paragon Shipping to post earnings of ($0.20) per share and revenue of $11.69 million for the quarter.
Paragon Shipping (NASDAQ:PRGN) opened at 5.10 on Monday. Paragon Shipping has a one year low of $4.52 and a one year high of $9.40. The stock has a 50-day moving average of $5.08 and a 200-day moving average of $5.89. The company’s market cap is $125.6 million.
A number of research firms have recently commented on PRGN. Analysts at Zacks downgraded shares of Paragon Shipping from a “neutral” rating to an “underperform” rating in a research note on Wednesday, July 30th. They now have a $4.80 price target on the stock. Analysts at Canaccord Genuity initiated coverage on shares of Paragon Shipping in a research note on Tuesday, June 10th. They set a “buy” rating and a $12.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $9.45.
Paragon Shipping Inc is a holding Company. The Company is a global provider of shipping transportation services.
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