CBL International (NASDAQ:BANL) Stock Price Down 0.7% – Here’s Why

Shares of CBL International Limited (NASDAQ:BANLGet Free Report) were down 0.7% during mid-day trading on Monday . The company traded as low as $0.52 and last traded at $0.53. Approximately 188,273 shares changed hands during trading, a decline of 56% from the average daily volume of 427,486 shares. The stock had previously closed at $0.53.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of CBL International in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

View Our Latest Research Report on CBL International

CBL International Stock Performance

The firm has a 50-day simple moving average of $0.70 and a two-hundred day simple moving average of $0.80.

About CBL International

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for CBL International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CBL International and related companies with MarketBeat.com's FREE daily email newsletter.