PTL Limited (NASDAQ:PTLE – Get Free Report) dropped 9.4% during trading on Friday . The company traded as low as $6.81 and last traded at $6.6750. Approximately 10,628 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 129,894 shares. The stock had previously closed at $7.37.
Wall Street Analyst Weigh In
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 investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, PTL presently has an average rating of “Sell”.
Read Our Latest Stock Report on PTLE
PTL Stock Down 9.4%
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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