K-Bro Linen (OTCMKTS:KBRLF – Get Free Report) is projected to post its resultson Tuesday, August 4th. Analysts expect the company to announce earnings of $0.4130 per share and revenue of $105.8320 million for the quarter.
K-Bro Linen Stock Performance
OTCMKTS:KBRLF remained flat at $30.38 during trading hours on Tuesday. 100 shares of the company were exchanged, compared to its average volume of 1,740. K-Bro Linen has a 12-month low of $24.24 and a 12-month high of $30.50. The business has a 50 day moving average of $30.08 and a 200-day moving average of $27.64.
Wall Street Analyst Weigh In
Separately, TD Securities reaffirmed a “buy” rating on shares of K-Bro Linen in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy”.
About K-Bro Linen
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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