PTL (NASDAQ:PTLE) Reaches New 1-Year Low – Here’s Why

Shares of PTL Limited (NASDAQ:PTLE) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $6.20 and last traded at $6.31, with a volume of 4524 shares traded. The stock had previously closed at $6.47.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of PTL in a research report on Monday, December 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

PTL Stock Performance

The stock has a 50 day moving average price of $8.76 and a 200 day moving average price of $11.70.

PTL Company Profile

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.