PTL (NASDAQ:PTLE) Shares Up 9.5% – Still a Buy?

PTL Limited (NASDAQ:PTLE – Get Free Report)’s stock price was up 9.5% during mid-day trading on Thursday. The company traded as high as $8.47 and last traded at $8.0510. Approximately 29,457 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 92,361 shares. The stock had previously closed at $7.35.

Wall Street Analysts Forecast Growth

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

Read Our Latest Stock Report on PTL

PTL Price Performance

The firm has a fifty day simple moving average of $7.54 and a 200 day simple moving average of $7.28.

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.

Further Reading

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