PTL Limited (NASDAQ:PTLE – Get Free Report) shares saw an uptick in trading volume on Wednesday. 254,103 shares were traded during mid-day trading, an increase of 155% from the average daily volume of 99,635 shares. The stock last traded at $9.4610 and had previously closed at $9.45.
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 research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.
PTL Trading Down 1.5%
The company’s 50-day moving average is $7.90 and its 200-day moving average is $7.71.
About PTL
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.
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