PTL (NASDAQ:PTLE) Shares Gap Up – Should You Buy?

PTL Limited (NASDAQ:PTLE – Get Free Report) shares gapped up prior to trading on Monday. The stock had previously closed at $6.90, but opened at $7.30. PTL shares last traded at $7.3950, with a volume of 9,904 shares traded.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of PTL in a research note on Friday, August 21st. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock has an average rating of “Sell”.

Get Our Latest Research Report on PTL

PTL Stock Down 7.3%

The stock’s 50 day moving average is $7.66 and its two-hundred day moving average is $7.22.

About PTL

(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.

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