Paragon Shipping Inc. (PRGNF) Stock Price & Analysis
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For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 18, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerParagon Shipping Inc. (PRGNF) trades at $0.0001. Paragon Shipping Inc. is a global shipping transportation services provider, specializing in drybulk cargoes like iron ore, coal, and grain. Sector: Industrials.
Price as of · Last analyzed: Mar 18, 2026Analyst Coverage for PRGNF: PRGNF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
No score published: we hold no usable price for this ticker, and a grade beside a missing price says nothing.
Paragon Shipping Inc. (PRGNF) Industrial Operations Profile
Paragon Shipping Inc., founded in 2006 and based in Greece, provides worldwide shipping transportation services, focusing on drybulk cargoes. Operating in the cyclical marine shipping industry, the company contends with fluctuating commodity demands and intense competition, reflected in its high profit margin and negative gross margin.
What Is the Investment Thesis for PRGNF?
Investing in Paragon Shipping Inc. (PRGNF) presents a speculative opportunity within the volatile drybulk shipping sector. The company's high profit margin of 1199.7% contrasts sharply with its negative gross margin of -108.5%, suggesting potential accounting anomalies or one-time gains requiring further investigation. Growth catalysts depend on favorable shifts in global trade dynamics and increased demand for drybulk commodities like iron ore and coal. However, the company's OTC listing and negative beta of -35.34 indicate significant risk and potential instability. Investors should carefully assess the company's financial health, operational efficiency, and exposure to industry-specific challenges before considering an investment. The absence of dividends further underscores the speculative nature of this investment.
Based on FMP financials and quantitative analysis
PRGNF Key Highlights
Profit Margin of 1199.7% suggests potential accounting anomalies or one-time gains requiring further investigation.
- Gross Margin of -108.5% indicates operational inefficiencies or pricing pressures within the drybulk shipping sector.
- Beta of -35.34 signifies an inverse correlation with the market, potentially offering diversification benefits but also indicating idiosyncratic risks.
- Market Cap of $0.00B reflects the company's small size and potential illiquidity in the OTC market.
- Absence of dividends signals a focus on reinvesting earnings or financial constraints, impacting investor returns.
Who Are PRGNF's Competitors?
PRGNF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| NCT Intercont (Cayman) Limited Ordinary shares | $1.68 | +15.07% | — | |
| UFG Uni-Fuels Holdings Limited | $0.44 | -2.35% | $14.2M | — |
| CTRM Castor Maritime Inc. | $2.00 | -0.99% | $19.3M | — |
| HTCO High-Trend International Group | $2.33 | -1.69% | $19.7M | — |
| VNTG Vantage Corp | $0.64 | +1.29% | $20.3M | — |
| PSHG Performance Shipping Inc. | $1.69 | -3.43% | $21.0M | — |
| USEA United Maritime Corporation | $2.67 | -1.11% | $25.4M | — |
| EHLD Euroholdings Ltd. | $11.84 | +9.43% | $33.4M | — |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are PRGNF's Key Strengths?
Experience in drybulk shipping.
- Global transportation network.
- Established relationships with commodity traders.
- Efficient vessel management.
What Are PRGNF's Weaknesses?
Small market capitalization.
- OTC listing indicates higher risk.
- Negative gross margin.
- Dependence on volatile commodity markets.
What Are the Key Risks for PRGNF?
Negative return on equity (-74.5%) — the business is not currently generating profit on shareholder capital.
- Inconsistent delivery — missed Wall Street EPS estimates in 4 of the last 8 reported quarters.
- Economic downturns could reduce demand for drybulk commodities and shipping services.
- Increased competition from other shipping companies could put pressure on freight rates.
- Geopolitical instability and trade wars could disrupt global trade patterns.
- Regulatory changes and environmental concerns could increase operating costs.
- The company's OTC listing indicates higher risk and potential for illiquidity.
What Are PRGNF's Competitive Advantages?
- Established relationships with commodity traders and producers.
- Expertise in navigating complex global trade routes.
- Operational efficiency in managing a fleet of vessels.
- Experience in the drybulk shipping market.
What Does PRGNF Do?
Paragon Shipping Inc., established in 2006 and headquartered in Voula, Greece, operates within the global shipping industry, providing transportation services for drybulk cargoes. The company specializes in the ocean transport of essential commodities, including iron ore, coal, grain, and other raw materials that fuel industrial and economic activities worldwide. Since its inception, Paragon Shipping has focused on serving the demand for these commodities, connecting producers and consumers across various international markets. The company's operations are heavily influenced by global trade patterns, economic cycles, and the demand for raw materials from industries such as steel manufacturing, power generation, and agriculture. Paragon Shipping's success depends on its ability to efficiently manage its fleet, optimize routes, and secure competitive freight rates in a market characterized by volatility and overcapacity. The company faces competition from other drybulk shipping companies, as well as broader economic factors that impact the demand for shipping services. As of 2026, Paragon Shipping continues to navigate the challenges and opportunities presented by the global shipping market, striving to provide reliable and cost-effective transportation solutions for its clients.
What Products and Services Does PRGNF Offer?
- Provides ocean transportation of drybulk cargoes worldwide.
- Transports commodities such as iron ore, coal, and grain.
- Connects producers and consumers of raw materials across international markets.
- Manages a fleet of vessels to transport goods.
- Optimizes shipping routes for efficiency.
- Secures competitive freight rates in the market.
- Navigates global trade patterns and economic cycles.
How Does PRGNF Make Money?
- Generates revenue by providing shipping transportation services.
- Charges freight rates for transporting drybulk cargoes.
- Manages a fleet of vessels to fulfill shipping contracts.
- Optimizes routes and fuel consumption to maximize profitability.
What Industry Does PRGNF Operate In?
Paragon Shipping Inc. operates in the marine shipping industry, a sector characterized by cyclical fluctuations in demand and freight rates. The industry is heavily influenced by global trade, economic growth, and commodity prices. Competition is intense, with numerous players vying for market share. Paragon Shipping, as a smaller player, faces challenges in competing with larger, more established companies. The industry is also subject to regulatory changes and environmental concerns, which can impact operating costs and profitability. Market trends include increasing demand for specialized vessels and a focus on fuel efficiency and emissions reduction.
Who Are PRGNF's Key Customers?
- Companies involved in the production and trade of iron ore.
- Coal mining and exporting companies.
- Grain producers and agricultural trading firms.
- Industrial companies requiring raw materials for manufacturing.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● No usable price
- ● No filing on record
- ● No analyst coverage
Key Financial Metrics
Return on equity for Paragon Shipping Inc. stands at -74.5%, a gauge of how efficiently it converts shareholder capital into profit. PRGNF trades at a trailing price-to-earnings ratio of 0.00, below the Industrials sector average of ~29.50x. A current ratio of 0.03 means current liabilities exceed short-term assets, a liquidity point worth watching.
Company Profile
Paragon Shipping Inc. operates in the Marine Shipping industry within the Industrials sector. It is headquartered in Voula, GR. The company is led by CEO Michael Bodouroglou. PRGNF has traded publicly since 2000.
Earnings Track Record
Paragon Shipping Inc. has missed Wall Street's EPS estimate in 4 of its last 8 reported quarters — a mixed record worth weighing. Reported results have landed about 25.6% below estimates on average.
PRGNF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
PRGNF Latest News
No recent news available for PRGNF.
PRGNF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for PRGNF.
Price Targets
Wall Street price target analysis for PRGNF.
PRGNF MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for PRGNF; grades run from A+ (80-100) to F (below 30).
Leadership: Michael Bodouroglou
CEO
Michael Bodouroglou serves as the CEO of Paragon Shipping Inc., leading a team of 5 employees. His background includes extensive experience in the maritime industry, with a focus on drybulk shipping operations and management. He has been involved in various aspects of the shipping business, including vessel chartering, fleet management, and strategic planning. His expertise encompasses navigating the complexities of global trade and commodity markets.
Track Record: Under Michael Bodouroglou's leadership, Paragon Shipping Inc. has focused on providing shipping transportation services worldwide, specializing in drybulk cargoes. Key milestones include maintaining operational efficiency in a challenging market environment and adapting to fluctuating commodity demands. Strategic decisions have centered on optimizing vessel routes and securing competitive freight rates.
PRGNF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Paragon Shipping Inc. may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier often have limited financial disclosure and may be subject to greater risks due to less stringent regulatory oversight compared to companies listed on major exchanges like the NYSE or NASDAQ. This tier is generally associated with higher levels of speculation and potential for fraud.
- OTC Tier: OTC Other
- Limited financial disclosure and transparency.
- Potential for illiquidity and price volatility.
- Higher risk of fraud or manipulation.
- Less stringent regulatory oversight compared to listed companies.
- Dependence on volatile commodity markets.
- Verify the company's financial statements and audit reports.
- Research the background and experience of the management team.
- Assess the company's business model and competitive landscape.
- Evaluate the company's compliance with regulatory requirements.
- Monitor trading volume and price activity for signs of manipulation.
- Consult with a qualified financial advisor.
- Understand the risks associated with investing in OTC stocks.
- Company has been in operation since 2006.
- Provides a specific service (shipping transportation).
- Headquartered in Greece.
- CEO is identified (Michael Bodouroglou).
- Operates in a tangible industry (marine shipping).
Paragon Shipping Inc. Industrials Stock: Key Questions Answered
What do analysts say about PRGNF stock?
There is currently no available analyst coverage or consensus on Paragon Shipping Inc. (PRGNF) due to its OTC listing and limited market capitalization.
What are the main risks for PRGNF?
Investing in Paragon Shipping Inc. (PRGNF) carries significant risks due to its OTC listing, small market capitalization, and volatile industry.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Financial data is limited and may not be fully reliable.
- OTC market carries higher risks than listed exchanges.