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

PTL Limited (NASDAQ:PTLEGet Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $7.80, but opened at $9.41. PTL shares last traded at $10.15, with a volume of 12,680 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded shares of 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, Based on data from MarketBeat.com, PTL currently has an average rating of “Sell”.

Read Our Latest Stock Report on PTL

PTL Stock Up 9.3%

The stock’s fifty day simple moving average is $5.87 and its 200-day simple moving average is $7.38.

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.

Read More

Receive News & Ratings for PTL Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PTL and related companies with MarketBeat.com's FREE daily email newsletter.