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

PTL Limited (NASDAQ:PTLEGet Free Report)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $9.20, but opened at $8.30. PTL shares last traded at $8.4080, with a volume of 337 shares changing hands.

Analysts Set New Price Targets

Separately, Weiss Ratings downgraded PTL from a “sell (d)” rating to a “sell (e+)” rating in a research report on Tuesday, May 26th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Get Our Latest Stock Analysis on PTL

PTL Price Performance

The company’s fifty day moving average is $8.27 and its 200 day moving average is $7.58.

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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