Mullen Group Ltd. (TSE:MTL - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$13.81 and traded as high as C$14.15. Mullen Group shares last traded at C$14.15, with a volume of 112,190 shares traded.
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on MTL shares. Royal Bank Of Canada lowered their price target on Mullen Group from C$16.00 to C$14.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 22nd. Desjardins set a C$18.00 price target on Mullen Group and gave the stock a "buy" rating in a research report on Thursday, May 22nd. Scotiabank cut their price target on Mullen Group from C$17.00 to C$16.50 and set an "outperform" rating for the company in a report on Thursday, April 24th. Raymond James Financial upgraded shares of Mullen Group from a "market perform" rating to an "outperform" rating and lowered their price objective for the stock from C$17.00 to C$16.75 in a research note on Thursday, April 24th. Finally, Acumen Capital cut their target price on shares of Mullen Group from C$18.75 to C$18.25 and set a "buy" rating for the company in a research note on Thursday, April 24th. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Mullen Group presently has a consensus rating of "Buy" and a consensus price target of C$17.30.
View Our Latest Analysis on MTL
Mullen Group Stock Performance
The company has a debt-to-equity ratio of 120.69, a quick ratio of 1.06 and a current ratio of 1.62. The firm has a 50 day moving average price of C$13.78 and a two-hundred day moving average price of C$13.81. The company has a market capitalization of C$1.26 billion, a P/E ratio of 10.26, a price-to-earnings-growth ratio of 1.81 and a beta of 1.82.
Mullen Group Dividend Announcement
The business also recently disclosed a monthly dividend, which was paid on Thursday, May 15th. Shareholders of record on Thursday, May 15th were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $0.84 annualized dividend and a yield of 5.94%. Mullen Group's dividend payout ratio is currently 60.92%.
About Mullen Group
(
Get Free Report)
Mullen Group is one of North America's largest logistics providers with a network of independently operated businesses provide a wide range of service offerings including less-than-truckload, truckload, warehousing, logistics, transload, oversized, third-party logistics & specialized hauling transportation.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Mullen Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mullen Group wasn't on the list.
While Mullen Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for July 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
