CBL International (NASDAQ:BANL) Shares Down 1.8% – Time to Sell?

CBL International Limited (NASDAQ:BANLGet Free Report) shares were down 1.8% during trading on Thursday . The stock traded as low as $0.90 and last traded at $0.96. Approximately 22,235 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 57,090 shares. The stock had previously closed at $0.98.

CBL International Stock Down 1.8%

The company’s fifty day simple moving average is $0.98 and its 200 day simple moving average is $1.03.

About CBL International

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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.

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