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

Mullen Group Ltd. (OTCMKTS:MLLGF) has earned a consensus rating of “Moderate Buy” from the six analysts that are presently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

A number of equities research analysts have recently issued reports on MLLGF shares. Royal Bank Of Canada reissued an “outperform” rating on shares of Mullen Group in a research note 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, TD Securities reissued a “buy” rating on shares of Mullen Group in a research report on Thursday, October 23rd.

Mullen Group Stock Up 0.1%

OTCMKTS MLLGF opened at $11.37 on Friday. The firm’s 50-day moving average is $10.30 and its two-hundred day moving average is $10.12. Mullen Group has a 12 month low of $8.50 and a 12 month high of $11.37.

Mullen Group Company Profile

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.