Mullen Group (OTCMKTS:MLLGF) Stock Price Passes Below 50 Day Moving Average of $7.26

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Mullen Group Ltd (OTCMKTS:MLLGF) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $7.26 and traded as low as $7.21. Mullen Group shares last traded at $7.21, with a volume of 150 shares changing hands.

Separately, CIBC raised shares of Mullen Group from a “neutral” rating to an “outperform” rating in a report on Wednesday, July 3rd.

The firm’s 50-day moving average is $7.27.

Mullen Group Company Profile (OTCMKTS:MLLGF)

Mullen Group Ltd. provides transportation and oilfield services in Canada and the United States. It operates in two segments, Trucking/Logistics and Oilfield Services. The Trucking/Logistics segment transports general freight; cables, and pipe and steel products; and dry bulk commodities comprising cement and frac sand, as well as over-dimensional loads, such as heavy equipment, compressors and over-sized goods.

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