CBL International (NASDAQ:BANL) Announces Earnings Results

CBL International (NASDAQ:BANLGet Free Report) released its quarterly earnings data on Tuesday. The company reported $0.03 EPS for the quarter, reports. The company had revenue of $197.79 million during the quarter.

CBL International Price Performance

NASDAQ:BANL opened at $12.10 on Thursday. CBL International has a fifty-two week low of $3.46 and a fifty-two week high of $13.80. The business has a 50 day moving average price of $5.47 and a 200-day moving average price of $6.08.

CBL International Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, August 28th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, August 28th.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Wall Street Zen upgraded CBL International to a “sell” rating in a research report on Saturday, May 2nd. Weiss Ratings upgraded shares of CBL International from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

View Our Latest Analysis on CBL International

About CBL International

(Get Free Report)

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.

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