Mullen Group (OTCMKTS:MLLGF) PT Raised to C$16.00

Mullen Group (OTCMKTS:MLLGF – Get Rating) had its price target increased by research analysts at Scotiabank from C$15.50 to C$16.00 in a research report issued to clients and investors on Friday, The Fly reports.

Shares of OTCMKTS:MLLGF traded up $0.51 on Friday, hitting $10.76. 8,900 shares of the company’s stock were exchanged, compared to its average volume of 1,521. Mullen Group has a 12 month low of $8.77 and a 12 month high of $11.56. The business’s 50 day simple moving average is $10.07 and its two-hundred day simple moving average is $9.84.

Mullen Group Company Profile (Get Rating)

Mullen Group Ltd. provides a range of trucking and logistics services in Canada and the United States. The company operates in four segments: Less-Than-Truckload, Logistics & Warehousing, Specialized & Industrial Services, and U.S. & International Logistics. The Less-Than-Truckload segment delivers general freight consisting of smaller shipments, packages, and parcels; and pharmaceutical and package products.

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