CBL International Limited (NASDAQ:BANL – Free Report)’s stock is scheduled to reverse split before the market opens on Monday, July 20th. The 1-13 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, July 19th.
CBL International Price Performance
Shares of NASDAQ:BANL traded down $0.07 during trading on Thursday, hitting $0.34. The company had a trading volume of 604,880 shares, compared to its average volume of 119,251. The company has a fifty day simple moving average of $0.40 and a two-hundred day simple moving average of $0.46. CBL International has a one year low of $0.27 and a one year high of $0.98.
CBL International (NASDAQ:BANL – Get Free Report) last released its earnings results on Friday, April 17th. The company reported ($0.03) earnings per share for the quarter. The firm had revenue of $136.66 million during the quarter.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Analysis on CBL International
About CBL International
CBL International Limited, a marine fuel logistics company, provides vessel refueling solutions in Malaysia, Hong Kong, China, South Korea, Singapore, and internationally. It facilitates vessel refueling between ship operators and local physical distributors/traders by purchasing marine fuel, including both fossil fuel and alternative fuel. The company’s services to its customers include vessel refueling options available at ports; arranges vessel refueling activities and local physical delivery of marine fuel; and coordinates vessel refueling schedule.
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