K-Bro Linen (OTCMKTS:KBRLF) Shares Down 3.4% – Time to Sell?

K-Bro Linen Inc. (OTCMKTS:KBRLFGet Free Report) shares dropped 3.4% on Wednesday . The stock traded as low as $26.12 and last traded at $26.12. Approximately 295 shares traded hands during trading, a decline of 46% from the average daily volume of 551 shares. The stock had previously closed at $27.03.

K-Bro Linen Stock Performance

The firm’s 50 day moving average is $26.55 and its two-hundred day moving average is $25.54.

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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