K-Bro Linen (OTCMKTS:KBRLF) Trading Down 5.9% – Here’s Why

K-Bro Linen Inc. (OTCMKTS:KBRLFGet Free Report)’s share price traded down 5.9% during trading on Monday . The stock traded as low as $25.63 and last traded at $25.63. 1,998 shares traded hands during trading, an increase of 250% from the average session volume of 571 shares. The stock had previously closed at $27.24.

K-Bro Linen Trading Down 5.9%

The company has a fifty day simple moving average of $25.90 and a two-hundred day simple moving average of $26.19.

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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