Wall Street Zen Upgrades CBL International (NASDAQ:BANL) to “Hold”

CBL International (NASDAQ:BANL) was upgraded by research analysts at Wall Street Zen to a “hold” rating in a research report issued on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings upgraded shares of CBL International from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, August 18th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

CBL International Price Performance

Shares of NASDAQ BANL opened at $9.01 on Friday. CBL International has a 12 month low of $3.46 and a 12 month high of $16.40. The business has a fifty day simple moving average of $7.55 and a 200-day simple moving average of $6.90.

CBL International (NASDAQ:BANL) last issued its quarterly earnings results on Tuesday, August 18th. The company reported $0.03 earnings per share for the quarter. The company had revenue of $197.79 million during the quarter.

About CBL International

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.