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

Shares of PTL Limited (NASDAQ:PTLEGet Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $4.60, but opened at $4.83. PTL shares last traded at $4.84, with a volume of 261 shares.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of PTL from a “sell (d-)” rating to a “sell (d)” rating in a research note on Friday, May 1st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Get Our Latest Analysis on PTLE

PTL Stock Performance

The firm’s 50 day simple moving average is $6.60 and its 200 day simple moving average is $9.41.

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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