PTL (NASDAQ:PTLE) Shares Gap Down – Here’s What Happened
by Sarita Garza · The Markets DailyShares of PTL Limited (NASDAQ:PTLE – Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $10.19, but opened at $9.79. PTL shares last traded at $10.1750, with a volume of 820 shares.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings lowered PTL from a “sell (d)” rating to a “sell (e+)” rating in a research note on Tuesday, May 26th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.
View Our Latest Report on PTLE
PTL Stock Performance
The stock’s 50 day moving average is $6.38 and its two-hundred day moving average is $7.44.
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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