K-Bro Linen (OTCMKTS:KBRLF) Trading Down 1.2% – Time to Sell?

K-Bro Linen Inc. (OTCMKTS:KBRLFGet Free Report)’s stock price dropped 1.2% during mid-day trading on Friday . The stock traded as low as $25.77 and last traded at $25.77. Approximately 200 shares changed hands during mid-day trading, a decline of 61% from the average daily volume of 515 shares. The stock had previously closed at $26.07.

K-Bro Linen Price Performance

The firm’s 50-day moving average is $26.71 and its 200-day moving average is $26.09.

K-Bro Linen Company Profile

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K-Bro Linen Inc, together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom. Its services include processing, management, and distribution of general and operating room linens, such as sheets, blankets, towels, surgical gowns, tablecloths, and drapes and other linens.

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