Bird Construction (OTCMKTS:BIRDF) Stock Price Down 2.2% – Here’s What Happened

Bird Construction Inc. (OTCMKTS:BIRDF)’s share price was down 2.2% during trading on Wednesday. The company traded as low as $56.7050 and last traded at $57.51. 26,227 shares traded hands during mid-day trading, a decline of 17% from the average daily volume of 31,516 shares. The stock had previously closed at $58.82.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. BMO Capital Markets reaffirmed an “outperform” rating on shares of Bird Construction in a report on Thursday, August 13th. TD Securities reiterated a “buy” rating on shares of Bird Construction in a research note on Monday, August 17th. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Bird Construction in a report on Friday, August 14th. Four analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy”.

Bird Construction Stock Down 2.2%

The firm’s 50 day simple moving average is $52.13 and its 200 day simple moving average is $44.47.

Bird Construction Company Profile

Bird Construction Inc is a Canadian construction and infrastructure services company that provides general contracting, construction management, design-build and public-private partnership services. Its work spans commercial, institutional, industrial, civil and infrastructure projects.

The company also provides building maintenance, project management and specialized construction services for clients in sectors such as healthcare, education, government, transportation, energy and natural resources.