PTL (NASDAQ:PTLE) Shares Gap Up – Should You Buy?

PTL Limited (NASDAQ:PTLEGet Free Report) shares gapped up prior to trading 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 trading hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered shares of PTL from a “sell (d)” rating to a “sell (e+)” rating in a research report 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”.

Read Our Latest Report on PTL

PTL Trading Up 3.8%

The stock’s 50-day moving average is $7.41 and its 200-day moving average is $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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