Shares of K-Bro Linen Inc. (OTCMKTS:KBRLF – Get Free Report) shot up 1.5% during trading on Wednesday . The company traded as high as $30.45 and last traded at $30.45. Approximately 1,300 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 1,740 shares. The stock had previously closed at $30.00.
Wall Street Analysts Forecast Growth
Separately, TD Securities restated a “buy” rating on shares of K-Bro Linen in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, K-Bro Linen currently has a consensus rating of “Buy”.
Read Our Latest Stock Analysis on KBRLF
K-Bro Linen Price Performance
K-Bro Linen Company Profile
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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