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CBL International Limited Featured on The Nasdaq MarketSite
Globe Newswire (Tue, 21-Jan 6:00 AM ET)
CBL International Ltd is a company that provides a complete range of marine fuel logistics services. It sources the highest quality marine fuel from its trusted suppliers and ensures timely delivery to its customers. The company's expertise lies in providing a seamless and efficient one-stop solution for vessel refueling needs, making it a reliable partner for shipping companies. CBL International Ltd has a strong presence in China, Hong Kong, and Malaysia.
CBL International Limited - trades on the NASDAQ stock market under the symbol BANL.
As of April 3, 2025, BANL stock price was flat at $0.98 with 69,891 million shares trading.
BANL has a beta of -0.11, meaning it tends to be less sensitive to market movements. BANL has a correlation of 0.00 to the broad based SPY ETF.
BANL has a market cap of $26.95 million. This is considered a Sub-Micro Cap stock.
BANL has underperformed the market in the last year with a price return of -4.9% while the SPY ETF gained +4.8%. However, in the short term, BANL had mixed performance relative to the market. It has outperformed in the last 3 months, returning -7.6% vs -7.9% return in SPY. But in the last 2 weeks, BANL shares have been beat by the market, returning -14.0% compared to an SPY return of -5.1%.
BANL support price is $.92 and resistance is $1.03 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BANL shares will trade within this expected range on the day.