CBL International (NASDAQ:BANL) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of CBL International (NASDAQ:BANL) to a hold rating in a report released on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings upgraded CBL International from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, August 18th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

CBL International Price Performance

Shares of NASDAQ BANL opened at $9.01 on Friday. CBL International has a 1 year low of $3.46 and a 1 year high of $16.40. The firm has a 50-day simple moving average of $7.64 and a two-hundred day simple moving average of $6.93.

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

CBL International Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, September 18th. Investors of record on Friday, August 28th will be issued a dividend of $0.10 per share. The ex-dividend date is Friday, August 28th.

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.