PTL (NASDAQ:PTLE) Shares Gap Down – Here’s What Happened

PTL Limited (NASDAQ:PTLEGet Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $7.85, but opened at $7.39. PTL shares last traded at $6.9940, with a volume of 1,006 shares.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of PTL in a report on Friday, August 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, PTL has a consensus rating of “Sell”.

View Our Latest Stock Report on PTLE

PTL Stock Down 4.9%

The company’s fifty day moving average price is $8.79 and its 200-day moving average price is $7.36.

About PTL

(Get Free Report)

PTL Limited is an established bunkering facilitator providing marine fuel logistics services for vessel refueling, primarily container ships, bulk carriers, general cargo vessels and chemical tankers principally serving the Asia Pacific market. PTL Limited is based in Hong Kong.

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