K-Bro Linen (OTCMKTS:KBRLF) Stock Price Down 3.1% – Here’s Why

Shares of K-Bro Linen Inc. (OTCMKTS:KBRLFGet Free Report) fell 3.1% during mid-day trading on Thursday . The stock traded as low as $25.19 and last traded at $25.19. 203 shares traded hands during trading, a decline of 60% from the average session volume of 506 shares. The stock had previously closed at $26.00.

K-Bro Linen Price Performance

The company has a 50 day moving average of $25.60 and a 200 day moving average of $26.12.

About K-Bro Linen

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K-Bro Linen Services Limited is a North American textile services provider specializing in the rental, cleaning, and management of linens and related products for healthcare, hospitality, and industrial clients. Founded in 1961 and headquartered in Mississauga, Ontario, the company has grown to become a leading commercial linen services provider in Canada. It trades on the OTC market under the ticker KBRLF.

The company offers a full range of textile solutions, including linen rental, infection-prevention laundering, inventory control programs, and turnkey linen management services.

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