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

PTL Limited (NASDAQ:PTLEGet Free Report) gapped up before the market opened on Monday . The stock had previously closed at $9.93, but opened at $10.50. PTL shares last traded at $10.24, with a volume of 2,245 shares traded.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded shares of PTL from a “sell (d)” rating to a “sell (e+)” rating in a research note on Tuesday, May 26th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Get Our Latest Stock Report on PTLE

PTL Trading Up 3.8%

The firm has a fifty day moving average price of $7.41 and a 200 day moving average price of $7.55.

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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