Mullen Group Ltd (TSE:MTL) Director Christine Ellen Mcginley purchased 1,930 shares of the firm’s stock in a transaction that occurred on Monday, June 11th. The shares were acquired at an average cost of C$15.00 per share, with a total value of C$28,950.00.

Mullen Group traded down C$0.02, reaching C$14.73, on Thursday, according to Marketbeat. 12,892 shares of the stock traded hands, compared to its average volume of 116,281. Mullen Group Ltd has a 12 month low of C$14.10 and a 12 month high of C$17.62.

Mullen Group (TSE:MTL) last issued its earnings results on Wednesday, April 25th. The company reported C$0.09 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.15 by C($0.06). The firm had revenue of C$292.13 million for the quarter, compared to the consensus estimate of C$305.07 million. Mullen Group had a net margin of 1.81% and a return on equity of 2.17%.

The company also recently announced a monthly dividend, which will be paid on Friday, June 15th. Shareholders of record on Thursday, May 31st will be given a dividend of $0.05 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.07%. The ex-dividend date of this dividend is Wednesday, May 30th.

A number of equities research analysts recently issued reports on MTL shares. Canaccord Genuity decreased their price target on Mullen Group from C$16.00 to C$15.75 in a research note on Wednesday, April 11th. National Bank Financial lowered Mullen Group from an “outperform” rating to a “sector perform” rating and set a C$16.50 price target for the company. in a research note on Thursday, April 26th. TD Securities decreased their price target on Mullen Group from C$17.00 to C$16.00 and set a “hold” rating for the company in a research note on Friday, April 27th. Scotiabank decreased their price target on Mullen Group from C$16.50 to C$16.00 and set a “sector perform” rating for the company in a research note on Friday, April 27th. Finally, Raymond James raised their price target on Mullen Group from C$14.70 to C$14.85 and gave the stock a “market perform” rating in a research note on Tuesday. Four research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of C$16.73.

Mullen Group Company Profile

Mullen Group Ltd. provides transportation and oilfield services in Canada and the United States. It operates in two segments, Trucking/Logistics and Oilfield Services. The Trucking/Logistics segment offers long haul and local transportation services to customers in various industries. The Oilfield Services segment provides specialized transportation, fluid hauling, waste disposal, warehousing, drilling, well-servicing, and dewatering services to the oil and natural gas industry in western Canada, which includes the exploration and development companies, as well as production and natural gas transmission companies.

Receive News & Ratings for Mullen Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mullen Group and related companies with's FREE daily email newsletter.