PTL (NASDAQ:PTLE) Shares Gap Up – Time to Buy?

PTL Limited (NASDAQ:PTLEGet Free Report)’s share price gapped up before the market opened on Friday . The stock had previously closed at $5.01, but opened at $5.50. PTL shares last traded at $5.7880, with a volume of 4,456 shares.

Analysts Set New Price Targets

Separately, Weiss Ratings cut 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, the company has an average rating of “Sell”.

View Our Latest Stock Analysis on PTL

PTL Stock Performance

The company has a 50 day simple moving average of $6.09 and a 200-day simple moving average of $8.09.

PTL Company Profile

(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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