PTL (NASDAQ:PTLE) Shares Gap Up – Here’s Why

PTL Limited (NASDAQ:PTLE – Get Free Report)’s share price gapped up before the market opened on Monday. The stock had previously closed at $6.90, but opened at $7.30. PTL shares last traded at $7.3950, with a volume of 9,904 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of PTL in a research note on Friday, August 21st. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, PTL currently has an average rating of “Sell”.

View Our Latest Research Report on PTLE

PTL Trading Up 6.4%

The stock has a fifty day moving average price of $7.77 and a two-hundred day moving average price of $7.20.

PTL Company Profile

(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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