K-Bro Linen (TSE:KBL) Share Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Posted by Teresa Graham on Feb 27th, 2026

K-Bro Linen Inc. (TSE:KBL – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$35.86 and traded as high as C$37.53. K-Bro Linen shares last traded at C$37.35, with a volume of 23,640 shares.

Analysts Set New Price Targets

Separately, TD Securities dropped their target price on shares of K-Bro Linen from C$55.00 to C$50.00 in a research report on Friday, November 14th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$50.00.

Check Out Our Latest Stock Report on KBL

K-Bro Linen Stock Up 1.3%

The business’s fifty day moving average price is C$34.97 and its 200 day moving average price is C$35.86. The firm has a market capitalization of C$480.32 million, a price-to-earnings ratio of 21.84, a PEG ratio of 3.50 and a beta of 0.36. The company has a current ratio of 2.08, a quick ratio of 0.87 and a debt-to-equity ratio of 102.23.

Insider Buying and Selling at K-Bro Linen

In related news, insider Scott Ian Inglis sold 3,191 shares of the firm’s stock in a transaction dated Saturday, December 13th. The stock was sold at an average price of C$35.41, for a total transaction of C$112,993.31. Company insiders own 3.25% of the company’s stock.

About K-Bro Linen

(Get Free Report)

K-Bro Linen Inc is a healthcare and hospitality laundry and linen processor in Canada. It operates in major cities across Canada, and has two distribution centers, providing management services and laundry processing of hospitality, healthcare, and specialty linens. The company provides vital products and services that help people heal, travel, live, and play. It helps hospitals and extended care centers care for the young, old, and vulnerable in environmentally responsible ways. It operates through two divisions, which are the Canadian division and the United Kingdom division.