Favorable Press Coverage Somewhat Unlikely to Affect Paragon Shipping (PRGN) Share Price

News coverage about Paragon Shipping (NASDAQ:PRGN) has been trending positive on Tuesday, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Paragon Shipping earned a news sentiment score of 0.26 on Accern’s scale. Accern also assigned media headlines about the shipping company an impact score of 45.9733782931537 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

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About Paragon Shipping

Paragon Shipping Inc is a global provider of shipping transportation services. The Company specializes in transporting drybulk cargoes, including commodities as iron ore, coal, grain and other materials, along shipping routes across the world. It focuses on newbuilding program, including over three Kamsarmax drybulk carriers with fleet carrying capacity of over 245,400 deadweight tons.

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