Mullen Group (OTCMKTS:MLLGF) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Posted by Dante Gardener on Aug 6th, 2026

Mullen Group Ltd. (OTCMKTS:MLLGF – Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $14.40 and traded as high as $19.65. Mullen Group shares last traded at $19.41, with a volume of 13,452 shares trading hands.

Wall Street Analyst Weigh In

A number of analysts have commented on MLLGF shares. BMO Capital Markets reissued an “outperform” rating on shares of Mullen Group in a report on Friday, July 24th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Mullen Group in a research report on Friday, July 24th. Scotiabank reiterated a “sector perform” rating on shares of Mullen Group in a report on Thursday, July 16th. Royal Bank Of Canada reissued an “outperform” rating on shares of Mullen Group in a research report on Friday, July 24th. Finally, TD Securities restated a “buy” rating on shares of Mullen Group in a research note on Friday, April 24th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Check Out Our Latest Stock Report on MLLGF

Mullen Group Stock Down 2.0%

The firm has a fifty day moving average price of $16.91 and a 200-day moving average price of $14.50.

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.