Badger Infrastructure Solutions Ltd. (TSE:BDGI) Director Acquires C$41,720.00 in Stock

Badger Infrastructure Solutions Ltd. (TSE:BDGI) Director Mary Jordan acquired 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 23rd. The stock was acquired at an average price of C$41.72 per share, with a total value of C$41,720.00.

Badger Infrastructure Solutions Stock Up 0.7 %

Shares of BDGI opened at C$41.83 on Monday. The company has a 50-day simple moving average of C$46.57 and a 200-day simple moving average of C$44.39. The firm has a market capitalization of C$1.44 billion, a P/E ratio of 25.98 and a beta of 1.18. The company has a debt-to-equity ratio of 100.32, a quick ratio of 1.49 and a current ratio of 1.72. Badger Infrastructure Solutions Ltd. has a 52 week low of C$24.55 and a 52 week high of C$51.50.

Wall Street Analyst Weigh In

BDGI has been the subject of a number of recent research reports. Raymond James upped their price objective on shares of Badger Infrastructure Solutions from C$52.00 to C$57.00 and gave the stock an “outperform” rating in a report on Thursday, March 21st. CIBC raised shares of Badger Infrastructure Solutions from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from C$52.00 to C$54.00 in a research report on Friday, May 3rd. BMO Capital Markets boosted their target price on shares of Badger Infrastructure Solutions from C$49.00 to C$52.00 and gave the stock a “market perform” rating in a research report on Thursday, March 21st. Canaccord Genuity Group boosted their target price on shares of Badger Infrastructure Solutions from C$52.00 to C$60.00 and gave the stock a “buy” rating in a research report on Monday, March 4th. Finally, Stifel Nicolaus boosted their target price on shares of Badger Infrastructure Solutions from C$62.00 to C$63.00 and gave the stock a “buy” rating in a research report on Friday, May 3rd. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of C$53.06.

About Badger Infrastructure Solutions

Badger Infrastructure Solutions Ltd. provides non-destructive excavating and related services in Canada and the United States. Its Badger Hydrovac technology uses a pressurized water stream to liquefy the soil cover, which is then removed with a vacuum system and deposited into a storage tank. The company offers daylighting services for visual confirmation of buried lines, directional drilling test holes, sacrificial anode installation, pipeline and utility crossings, and subsurface utility engineering test holes applications; and debris removal services for frac tank clean-outs, road and box culvert clean-outs, pipe-rammed casing clean-outs, ballast and filter media removal, and inside structures and buildings material removal.