PAMT (NASDAQ:PAMT) Releases Earnings Results

PAMT (NASDAQ:PAMT) posted its quarterly earnings data on Monday. The company reported ($0.38) earnings per share (EPS) for the quarter, Zacks reports. PAMT had a negative return on equity of 13.82% and a negative net margin of 7.07%.

PAMT Stock Up 4.5%

Shares of NASDAQ PAMT traded up $0.52 during mid-day trading on Monday, hitting $12.13. The company had a trading volume of 30,548 shares, compared to its average volume of 21,159. The company has a market capitalization of $254.03 million, a PE ratio of -5.98 and a beta of 1.15. The firm has a 50-day simple moving average of $11.90 and a two-hundred day simple moving average of $11.92. The company has a current ratio of 1.32, a quick ratio of 1.29 and a debt-to-equity ratio of 1.32. PAMT has a one year low of $7.15 and a one year high of $17.75.

Analyst Ratings Changes

A number of research firms have weighed in on PAMT. Wall Street Zen raised PAMT to a “hold” rating in a research report on Saturday, July 18th. Weiss Ratings reiterated a “sell (d-)” rating on shares of PAMT in a report on Friday, October 2nd. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, the company has an average rating of “Sell”.

PAMT Company Profile

P.A.M. Transportation Services, Inc (NASDAQ: PAMT) is a transportation and logistics company that provides truckload freight services primarily in the United States. The company operates a fleet of tractors and trailers and transports general commodities, manufactured goods, automotive parts, and other products for commercial and industrial customers.

Its services include dedicated and irregular-route truckload transportation, expedited freight, logistics support, and freight brokerage.