Mullen Group (OTCMKTS:MLLGF) Upgraded to “Outperform” by CIBC

CIBC upgraded shares of Mullen Group (OTCMKTS:MLLGF) from a neutral rating to an outperform rating in a research note released on Wednesday morning, The Fly reports.

Shares of MLLGF stock opened at $7.52 on Wednesday. The business’s fifty day simple moving average is $7.16. Mullen Group has a 12-month low of $7.10 and a 12-month high of $12.39.

About Mullen Group

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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