For MULLEN GROUP, the environment deterioration entails a downgrade to Neutral
MULLEN GROUP (CA), a company active in the Transportation Services industry, now shows a lower overall rating. The independent financial analyst theScreener just confirmed the fundamental rating of 2 stars out of 4, as well as the stock market behaviour of the title as moderately risky. However, environmental deterioration penalises the general evaluation, which is downgraded to Neutral. As of the analysis date January 21, 2022, the closing price was CAD 11.44 and its expected value was estimated at CAD 11.81.Mullen Group is engaged in the provision of transportation and related services to the oil and natural gas industry, primarily in western Canada. Co. operates two operating segments: Oilfield Services and Trucking/Logistics. The Oilfield Services segment primarily provides transportation services to the oil and natural gas industry which includes exploration and development companies and production and natural gas transmission companies. The Trucking/Logistics segment provides both long haul and local transportation services to customers in various industries.
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