Mullen Group Ltd. (OTCMKTS:MLLGF – Get Free Report)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $12.91 and traded as high as $16.37. Mullen Group shares last traded at $16.26, with a volume of 400 shares changing hands.
Analyst Ratings Changes
A number of research analysts have commented on MLLGF shares. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Mullen Group in a research note on Friday, April 24th. BMO Capital Markets reiterated an “outperform” rating on shares of Mullen Group in a research report on Friday, April 24th. TD Securities reissued a “buy” rating on shares of Mullen Group in a research report on Friday, April 24th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Mullen Group in a report on Friday, April 24th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Mullen Group currently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Stock Report on MLLGF
Mullen Group Trading Up 0.4%
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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