Mullen Group (OTCMKTS:MLLGF) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Posted by Linda Flegge on May 3rd, 2026

Mullen Group Ltd. (OTCMKTS:MLLGF – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $11.73 and traded as high as $15.14. Mullen Group shares last traded at $15.14, with a volume of 42,928 shares traded.

Analysts Set New Price Targets

Several research analysts have commented on the stock. BMO Capital Markets restated an “outperform” rating on shares of Mullen Group in a research report on Friday, April 24th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Mullen Group in a research report on Friday, April 24th. Scotiabank reiterated a “sector perform” rating on shares of Mullen Group in a research report on Wednesday, January 21st. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Mullen Group in a research report on Friday, April 24th. Finally, TD Securities reiterated a “buy” rating on shares of Mullen Group in a research report on Friday, April 24th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

Read Our Latest Research Report on MLLGF

Mullen Group Stock Performance

The business’s 50-day simple moving average is $12.73 and its 200 day simple moving average is $11.73.

Mullen Group Company Profile

(Get Free Report)

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.