Mullen Group Ltd. (MTL:CA) Rises 6.46%

Mullen Group Ltd. (MTL:CA) Rises 6.46%

October 25 was a positive day for Mullen Group Ltd. (MTL:CA) as its stock finished the day having gained 6.46% to hit a price of $8.41 a share. The company reached a market cap of 881.58 million and has 104.82 million shares outstanding. Mullen Group Ltd. is a component of the the S&P/TSX Composite Index.

589,563 shares changed hands over the course of the day as compared to an average volume of n/a over the last 30 days for Mullen Group Ltd..

Mullen Group Ltd supplies trucking and logistics services to the oil and natural gas industry in Canada and the United States. The company comprises two business segments: trucking/logistics and oilfield services. Product and service offerings include a range of truckload and less-than-truckload (relatively small freight) freight services. Mullen traditionally transports a variety of goods that include general freight, commodities such as cable, pipe and steel, heavy equipment, oversized goods, and dry bulk commodities. Transportation services are also included under the oilfield services division; however, Mullen also provides drilling, well-servicing, and dewatering services to oil and gas industry participants.. The company makes its home in Okotoks, AB, and is currently under the leadership of CEO Murray K. Mullen.

Mullen Group Ltd. has hit a high of $15.32 and reached a low of $7.30 over its last year of trading. The stock’s 50-day SMA is now $n/a and 200-day SMA is $n/a. As for its price valuations, the P/E ratio is at n/a and P/B is now 0.96.

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