K-Bro Linen (OTCMKTS:KBRLF – Get Free Report) is expected to be announcing its resultson Tuesday, August 4th. Analysts expect the company to announce earnings of $0.4171 per share and revenue of $106.0080 million for the quarter.
K-Bro Linen Price Performance
Shares of OTCMKTS KBRLF traded up $0.07 during trading hours on Monday, reaching $30.45. 400 shares of the stock were exchanged, compared to its average volume of 1,740. The stock’s fifty day simple moving average is $30.24 and its 200 day simple moving average is $27.77. K-Bro Linen has a 52 week low of $24.24 and a 52 week high of $30.50.
Analysts Set New Price Targets
Separately, TD Securities reissued a “buy” rating on shares of K-Bro Linen in a report on Thursday, May 7th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy”.
About K-Bro Linen
K-Bro Linen Services Limited is a North American textile services provider specializing in the rental, cleaning, and management of linens and related products for healthcare, hospitality, and industrial clients. Founded in 1961 and headquartered in Mississauga, Ontario, the company has grown to become a leading commercial linen services provider in Canada. It trades on the OTC market under the ticker KBRLF.
The company offers a full range of textile solutions, including linen rental, infection-prevention laundering, inventory control programs, and turnkey linen management services.
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