ModusLink Global Solutions Rating Lowered to Sell at Thomson Reuters/Verus (MLNK)
ModusLink Global Solutions (NASDAQ:MLNK) was downgraded by Thomson Reuters/Verus from a “hold” rating to a “sell” rating in a research note issued on Monday, Analyst Ratings.Net reports.
ModusLink Global Solutions (NASDAQ:MLNK) traded up 0.36% on Monday, hitting $2.75. 66,533 shares of the company’s stock traded hands. ModusLink Global Solutions has a 52 week low of $2.10 and a 52 week high of $3.63. The stock has a 50-day moving average of $2.84 and a 200-day moving average of $2.96. The company’s market cap is $131.9 million.
ModusLink Global Solutions, Inc, through its wholly owned subsidiaries, ModusLink Corporation (NASDAQ:MLNK), ModusLink PTS, Inc (ModusLink PTS) and Tech For Less LLC (TFL), executes supply chain and logistics services.
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