Mullen Group Ltd. (OTCMKTS:MLLGF) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Mullen Group Ltd. (OTCMKTS:MLLGF) have received a consensus recommendation of “Moderate Buy” from the six brokerages that are covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

Several research firms have commented on MLLGF. TD Securities restated a “buy” rating on shares of Mullen Group in a research report on Thursday, October 23rd. Raymond James Financial downgraded shares of Mullen Group from an “outperform” rating to a “market perform” rating in a report on Monday, December 8th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Mullen Group in a research report on Thursday, October 23rd.

Mullen Group Stock Down 0.2%

Mullen Group stock opened at $11.34 on Friday. The business’s 50-day moving average price is $10.35 and its 200 day moving average price is $10.14. Mullen Group has a 52 week low of $8.50 and a 52 week high of $11.37.

About Mullen Group

Mullen Group Ltd. provides a range of trucking and logistics services in Canada and the United States. The Less-Than-Truckload segment delivers general freight consisting of smaller shipments, packages, and parcels; and pharmaceutical and package products. The Logistics & Warehousing segment offers full truckload, specialized transportation, warehousing, and fulfillment centers that handle e-commerce transactions and transload facilities for intermodal and bulk shipments; technology solutions, including transportation, inventory, and warehouse management systems; and warehousing and distribution services.