Shares of K-Bro Linen Inc. (OTCMKTS:KBRLF – Get Free Report) traded up 6.8% on Tuesday . The company traded as high as $30.50 and last traded at $30.36. 3,240 shares were traded during trading, an increase of 73% from the average session volume of 1,873 shares. The stock had previously closed at $28.43.
Wall Street Analysts Forecast Growth
Separately, TD Securities reissued a “buy” rating on shares of K-Bro Linen in a research report on Thursday, May 7th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy”.
Read Our Latest Stock Analysis on KBRLF
K-Bro Linen Stock Performance
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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