PTL (NASDAQ:PTLE) Stock Jumps 5.1% – Here’s What Happened

PTL Limited (NASDAQ:PTLE – Get Free Report) was up 5.1% during trading on Thursday. The company traded as high as $7.20 and last traded at $7.3550. Approximately 10,301 shares were traded during mid-day trading, a decline of 89% from the average session volume of 94,519 shares. The stock had previously closed at $7.00.

Analyst Upgrades and Downgrades

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

Read Our Latest Analysis on PTL

PTL Trading Up 4.8%

The stock has a fifty day simple moving average of $7.89 and a two-hundred day simple moving average of $7.19.

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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