Badger Infrastructure Solutions (OTCMKTS:BADFF) Stock Price Passes Below Fifty Day Moving Average – Here’s Why

Badger Infrastructure Solutions Ltd. (OTCMKTS:BADFF) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $54.57 and traded as low as $49.83. Badger Infrastructure Solutions shares last traded at $49.83, with a volume of 127 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Badger Infrastructure Solutions in a research report on Monday, October 20th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, Badger Infrastructure Solutions presently has an average rating of “Buy”.

Badger Infrastructure Solutions Price Performance

The company’s fifty day moving average is $54.57 and its 200 day moving average is $48.60.

Badger Infrastructure Solutions Company Profile

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.