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

PTL Limited (NASDAQ:PTLE) shares gapped up prior to trading on Monday . The stock had previously closed at $4.27, but opened at $4.75. PTL shares last traded at $5.8590, with a volume of 10,208 shares traded.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of PTL in a research report on Monday, December 22nd. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

PTL Price Performance

The stock’s 50 day moving average is $8.76 and its 200-day moving average is $11.68.

PTL Company Profile

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.