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

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

Separately, Weiss Ratings lowered shares of CBL International from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, September 4th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

CBL International Stock Performance

BANL opened at $5.80 on Friday. The business’s 50-day moving average is $7.77 and its two-hundred day moving average is $6.97. CBL International has a 1 year low of $3.46 and a 1 year high of $16.40.

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

CBL International Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, August 28th will be paid a $0.10 dividend. 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.