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

Shares of PTL Limited (NASDAQ:PTLEGet Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $5.61, but opened at $6.00. PTL shares last traded at $6.0550, with a volume of 342 shares trading hands.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered PTL from a “sell (d)” rating to a “sell (e+)” rating in a research note on Tuesday, May 26th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, PTL currently has a consensus rating of “Sell”.

View Our Latest Research Report on PTL

PTL Price Performance

The firm’s 50-day simple moving average is $5.73 and its two-hundred day simple moving average is $7.58.

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.

Featured Stories

Receive News & Ratings for PTL Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PTL and related companies with MarketBeat.com's FREE daily email newsletter.