Mullen Group (OTCMKTS:MLLGF – Get Free Report) is expected to release its resultson Thursday, July 23rd. Analysts expect the company to announce earnings of $0.2323 per share and revenue of $414.8740 million for the quarter.
Mullen Group Stock Performance
OTCMKTS MLLGF opened at $18.00 on Wednesday. Mullen Group has a fifty-two week low of $8.50 and a fifty-two week high of $18.51. The stock’s 50-day moving average is $16.00 and its two-hundred day moving average is $13.85.
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on MLLGF shares. TD Securities reissued a “buy” rating on shares of Mullen Group in a research note on Friday, April 24th. Scotiabank reiterated a “sector perform” rating on shares of Mullen Group in a report on Thursday, July 16th. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Mullen Group in a research report on Tuesday, June 30th. Royal Bank Of Canada restated an “outperform” rating on shares of Mullen Group in a research note on Friday, April 24th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Mullen Group in a report on Friday, April 24th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.
About Mullen Group
Mullen Group Ltd. is a diversified transportation and logistics company headquartered in Okotoks, Alberta. Founded in 1949 as a regional trucking firm, the company has grown through a combination of organic expansion and targeted acquisitions to become one of Canada’s leading asset-based carriers. Mullen Group provides full-service solutions across a range of industries, with a focus on temperature-controlled freight, bulk and specialized haulage, and dedicated contract carriage.
The company operates through several complementary business segments, including truckload and less-than-truckload (LTL) services, logistics and warehousing, courier and parcel delivery, and international freight forwarding.
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