K-Bro Linen (OTCMKTS:KBRLF) Shares Down 0.2% – Should You Sell?

Shares of K-Bro Linen Inc. (OTCMKTS:KBRLFGet Free Report) were down 0.2% during trading on Monday . The company traded as low as $30.3798 and last traded at $30.3798. 800 shares changed hands during mid-day trading, a decline of 54% from the average daily volume of 1,740 shares. The stock had previously closed at $30.45.

Analysts Set New Price Targets

Separately, TD Securities reaffirmed a “buy” rating on shares of K-Bro Linen in a research report on Thursday, May 7th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy”.

View Our Latest Stock Analysis on KBRLF

K-Bro Linen Trading Down 0.2%

The firm has a fifty day moving average of $30.08 and a 200 day moving average of $27.64.

About K-Bro Linen

(Get Free Report)

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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