Ptl Ltd’s (NASDAQ:PTLE) Lock-Up Period Will End on April 14th

PTL’s (NASDAQ:PTLE) lock-up period is set to end on Monday, April 14th. PTL had issued 1,250,000 shares in its IPO on October 16th. The total size of the offering was $5,000,000 based on an initial share price of $4.00. After the expiration of the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

PTL Price Performance

PTL stock opened at $1.32 on Monday. The firm’s 50 day simple moving average is $1.48. PTL has a 52 week low of $1.11 and a 52 week high of $15.78.

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.