Wall Street Zen Downgrades PTL (NASDAQ:PTLE) to Sell

Wall Street Zen downgraded shares of PTL (NASDAQ:PTLE - Free Report) from a hold rating to a sell rating in a research report released on Saturday.

PTL Trading Down 3.4%

PTLE stock traded down $0.05 during trading on Friday, hitting $1.43. The stock had a trading volume of 3,671,335 shares, compared to its average volume of 861,835. PTL has a twelve month low of $1.08 and a twelve month high of $15.78. The company's 50-day moving average price is $1.33 and its two-hundred day moving average price is $3.62.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in PTL stock. XTX Topco Ltd bought a new position in shares of Ptl Ltd (NASDAQ:PTLE - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 44,431 shares of the company's stock, valued at approximately $58,000. XTX Topco Ltd owned about 0.12% of PTL at the end of the most recent reporting period.

PTL Company Profile

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.