Mullen Group Ltd. (OTCMKTS:MLLGF – Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $15.17 and traded as high as $18.4275. Mullen Group shares last traded at $18.4275, with a volume of 33,447 shares.
Analyst Ratings Changes
A number of brokerages recently commented on MLLGF. Scotiabank reaffirmed a “sector perform” rating on shares of Mullen Group in a report on Thursday, July 16th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Mullen Group in a research note on Friday, July 24th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Mullen Group in a research report on Friday, July 24th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Mullen Group in a research note on Friday, July 24th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.
Read Our Latest Report on Mullen Group
Mullen Group Stock Performance
About Mullen Group
Mullen Group Ltd. is a diversified transportation and logistics company headquartered in Okotoks, Alberta. Founded in 1949 as a regional trucking firm, the company has grown through a combination of organic expansion and targeted acquisitions to become one of Canada’s leading asset-based carriers. Mullen Group provides full-service solutions across a range of industries, with a focus on temperature-controlled freight, bulk and specialized haulage, and dedicated contract carriage.
The company operates through several complementary business segments, including truckload and less-than-truckload (LTL) services, logistics and warehousing, courier and parcel delivery, and international freight forwarding.
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