PTL (NASDAQ:PTLE) Shares Gap Up – Here’s Why

PTL Limited (NASDAQ:PTLEGet Free Report) shares gapped up before the market opened on Thursday . The stock had previously closed at $6.75, but opened at $7.00. PTL shares last traded at $7.3030, with a volume of 226 shares trading hands.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of PTL in a research note on Friday, August 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Get Our Latest Stock Analysis on PTLE

PTL Stock Performance

The stock has a fifty day moving average price of $8.78 and a 200 day moving average price of $7.35.

About PTL

(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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