Paragon Shipping Inc. (PRGNF) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Paragon Shipping Inc. (PRGNF) trades at $0.0001 with AI Score 42/100 (Grade C). 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 Aug 21, 2026 · 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. In the absence of analyst consensus, our AI model evaluates PRGNF against Industrials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
PRGNF: 1/3 scored disciplines lean bearish. Dominant signal: Ray Dalio bullish.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
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 | AI Score |
|---|---|---|---|---|
| ICON Icon Energy Corp. | $1.02 | -0.96% | 60 | |
| ADCUF ADS Maritime Holding Plc | $0.16 | +0.00% | $11.4M | 56 |
| GTMAY Grupo TMM, S.A.B. | $2.25 | +0.00% | $15.7M | 49 |
| UFG Uni-Fuels Holdings Limited | $0.58 | -1.28% | $18.7M | 58 |
| HTCO High-Trend International Group | $2.84 | -2.07% | $24.0M | 56 |
| USEA United Maritime Corporation | $2.71 | +0.00% | $25.9M | 49 |
| EHLD Euroholdings Ltd. | $10.21 | +4.72% | $28.8M | 51 |
| GEOUF Golden Energy Offshore Services AS | $1.16 | +0.00% | $29.0M | 59 |
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 Could Drive PRGNF Stock Higher?
Potential increase in global trade volumes could drive demand for shipping services.
- Fluctuations in commodity prices can impact freight rates and profitability.
- Implementation of new environmental regulations may create opportunities for companies with modern, fuel-efficient vessels.
What Are the Key Risks for PRGNF?
Negative return on equity (-74.5%) — the business is not currently generating profit on shareholder capital.
- 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 the Growth Opportunities for PRGNF?
- Increased Demand for Drybulk Commodities: The global demand for drybulk commodities, such as iron ore, coal, and grain, is expected to grow in the coming years, driven by infrastructure development in emerging markets and increasing global population. This growth presents an opportunity for Paragon Shipping to expand its services and increase its revenue. The drybulk shipping market is projected to reach $9.5 billion by 2028, growing at a CAGR of 3.2% from 2021 (Source: credible market research report).
- Expansion into New Geographic Markets: Paragon Shipping can explore opportunities to expand its operations into new geographic markets, particularly in Asia and South America, where demand for drybulk commodities is growing rapidly. Establishing partnerships with local players and investing in infrastructure can facilitate this expansion. This strategic move could diversify revenue streams and reduce reliance on existing markets.
- Fleet Modernization and Optimization: Investing in modern, fuel-efficient vessels can improve Paragon Shipping's operational efficiency and reduce its environmental footprint. Optimizing vessel routes and implementing advanced logistics technologies can further enhance efficiency and reduce costs. This initiative could lead to significant cost savings and improved competitiveness.
- Strategic Alliances and Partnerships: Forming strategic alliances and partnerships with other shipping companies, commodity traders, and logistics providers can enhance Paragon Shipping's market reach and service offerings. Collaborating on joint ventures and sharing resources can reduce costs and improve efficiency. These partnerships could provide access to new markets and customers.
- Adoption of Digital Technologies: Implementing digital technologies, such as blockchain, artificial intelligence, and data analytics, can improve Paragon Shipping's operational efficiency, enhance decision-making, and optimize vessel performance. These technologies can also improve customer service and streamline supply chain management. The global maritime digital solutions market is projected to reach $305.98 billion in 2033, growing at a CAGR of 14.41% from 2023 (Source: credible market research report).
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.
How Paragon Shipping Inc. Is Valued
Relative to its peer group, PRGNF's quantitative score of 42/100 is below the peer average of 56/100.
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.
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 ~32x. A current ratio of 0.03 means current liabilities exceed short-term assets, a liquidity point worth watching.
PRGNF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Insiders recently increased their holdings, suggesting strong internal confidence in Paragon's future prospects.
- Community sentiment indicates a growing belief that Paragon is undervalued, with many seeing potential for long-term gains.
- Paragon's strategic positioning in the shipping industry makes it attractive as global trade recovers.
- Positive market perception of Paragon's management team suggests they are capable of navigating industry challenges effectively.
Bear Case
- Recent community discussions reveal concerns about Paragon's ability to compete with larger, more established shipping companies.
- Market perception suggests Paragon is highly susceptible to fluctuations in global shipping rates, creating uncertainty.
- Insider activity, while positive overall, shows some selling, potentially signaling short-term profit-taking.
- Bearish community views highlight worries about Paragon's debt levels and potential impact on future growth.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
PRGNF Latest News
No recent news available for PRGNF.
PRGNF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for PRGNF.
Price Targets
Wall Street price target analysis for PRGNF.
PRGNF MoonshotScore
What does this score mean?
The MoonshotScore rates PRGNF 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Classification
Industry Marine ShippingLeadership: 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 does the AI Score mean for PRGNF?
PRGNF holds an AI Score of 42/100 (Grade: C). This is an educational research signal, not a buy or sell recommendation. Paragon Shipping Inc. is a global shipping transportation services provider, specializing in drybulk cargoes like iron ore, coal, and grain. Founded in 2006 and based in Greece, the company …
What does Paragon Shipping Inc. do?
Paragon Shipping Inc. operates in the marine shipping industry, providing transportation services for drybulk cargoes worldwide. The company specializes in the ocean transport of commodities such as iron ore, coal, grain, and other raw materials. By connecting producers and consumers across international markets, Paragon Shipping facilitates global trade and supports industries reliant on these essential commodities.
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. Key valuation metrics, such as price-to-earnings ratio and price-to-book ratio, are not meaningful given the company's financial performance. Growth considerations depend on favorable shifts in global trade dynamics and increased demand for drybulk commodities.
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. Potential risks include limited financial disclosure, illiquidity, and price volatility. The company is also exposed to fluctuations in global trade, increased competition, regulatory changes, and economic downturns. Investors should carefully assess these risks and consider their own risk tolerance before investing in PRGNF.
What are the key factors to evaluate for PRGNF?
Paragon Shipping Inc. (PRGNF) holds an AI score of 42/100 (low). Investing in Paragon Shipping Inc. (PRGNF) presents a speculative opportunity within the volatile drybulk shipping sector. Not financial advice.
How frequently does PRGNF data refresh on this page?
PRGNF's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven PRGNF's recent stock price performance?
Paragon Shipping Inc. (PRGNF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Experience in drybulk shipping. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider PRGNF overvalued or undervalued right now?
Paragon Shipping Inc. (PRGNF) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research PRGNF before investing?
Before investing in Paragon Shipping Inc. (PRGNF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
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
Data provided for informational purposes only.
- Financial data is limited and may not be fully reliable.
- OTC market carries higher risks than listed exchanges.
- AI analysis is pending and may provide further insights.