K-Bro Linen (OTCMKTS:KBRLF) Trading Down 2.1% – Should You Sell?

Shares of K-Bro Linen Inc. (OTCMKTS:KBRLFGet Free Report) dropped 2.1% during trading on Friday . The stock traded as low as $27.03 and last traded at $27.03. Approximately 585 shares were traded during trading, an increase of 4% from the average daily volume of 560 shares. The stock had previously closed at $27.60.

Wall Street Analyst Weigh In

Separately, Raymond James Financial reiterated an “outperform” rating on shares of K-Bro Linen in a research report on Monday, June 2nd. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Check Out Our Latest Stock Report on K-Bro Linen

K-Bro Linen Stock Performance

The company’s 50-day simple moving average is $25.96 and its 200 day simple moving average is $25.15.

K-Bro Linen Company Profile

(Get Free Report)

K-Bro Linen Inc, together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom. Its services include processing, management, and distribution of general and operating room linens, such as sheets, blankets, towels, surgical gowns, tablecloths, and drapes and other linens.

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