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

PTL Limited (NASDAQ:PTLEGet Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $7.93, but opened at $7.56. PTL shares last traded at $8.47, with a volume of 6,292 shares traded.

Wall Street Analyst Weigh In

Separately, Weiss Ratings downgraded PTL from a “sell (d)” rating to a “sell (e+)” rating in a research report on Tuesday, May 26th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Get Our Latest Report on PTL

PTL Stock Performance

The firm’s 50 day simple moving average is $8.44 and its 200 day simple moving average is $7.51.

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.

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.