K-Bro Linen (OTCMKTS:KBRLF) Shares Down 3.4% – Should You Sell?

by · The Markets Daily

K-Bro Linen Inc. (OTCMKTS:KBRLF – Get Free Report) shares traded down 3.4% during mid-day trading on Wednesday . The stock traded as low as $27.17 and last traded at $27.17. 300 shares changed hands during mid-day trading, an increase of 50% from the average session volume of 200 shares. The stock had previously closed at $28.13.

K-Bro Linen Stock Performance

The business’s 50-day simple moving average is $26.65 and its 200 day simple moving average is $26.50.

About K-Bro Linen

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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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