CBL International (NASDAQ:BANL) Stock Rating Upgraded by Wall Street Zen

CBL International (NASDAQ:BANL) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Sunday, Wall Street Zen reports.

Separately, Weiss Ratings downgraded CBL International from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, September 4th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

CBL International Trading Down 7.9%

BANL opened at $5.80 on Friday. CBL International has a fifty-two week low of $3.46 and a fifty-two week high of $16.40. The company’s 50-day moving average price is $7.76 and its 200 day moving average price is $6.96.

CBL International (NASDAQ:BANL) last issued its earnings results on Tuesday, August 18th. The company reported $0.03 EPS for the quarter. The company had revenue of $197.79 million during the quarter.

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.