PTL (NASDAQ:PTLE) Shares Gap Up – Still a Buy?

PTL Limited (NASDAQ:PTLE – Get Free Report) gapped up prior to trading 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.

Wall Street Analysts Forecast Growth

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

View Our Latest Analysis on PTLE

PTL Stock Up 6.4%

The stock has a fifty day simple moving average of $7.77 and a two-hundred day simple moving average 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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