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

Shares of PTL Limited (NASDAQ:PTLEGet Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $6.75, but opened at $7.00. PTL shares last traded at $7.3030, with a volume of 226 shares trading hands.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of PTL in a research note on Friday, August 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

Read Our Latest Research Report on PTL

PTL Stock Up 1.3%

The firm’s 50-day simple moving average is $8.79 and its 200-day simple moving average is $7.36.

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.

Further Reading

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