Mary Jordan Acquires 1,000 Shares of Badger Infrastructure Solutions Ltd. (TSE:BDGI) Stock

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

Badger Infrastructure Solutions Trading Up 0.7 %

Shares of BDGI stock opened at C$41.83 on Friday. The company’s 50-day moving average price is C$46.57 and its 200-day moving average price is C$44.35. The company has a current ratio of 1.72, a quick ratio of 1.49 and a debt-to-equity ratio of 100.32. The stock has a market cap of C$1.44 billion, a price-to-earnings ratio of 25.98 and a beta of 1.18. Badger Infrastructure Solutions Ltd. has a twelve month low of C$24.55 and a twelve month high of C$51.50.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on BDGI shares. Acumen Capital boosted their price target on shares of Badger Infrastructure Solutions from C$47.50 to C$53.00 and gave the stock a “speculative buy” rating in a report on Thursday, March 21st. Scotiabank cut their price target on shares of Badger Infrastructure Solutions from C$52.00 to C$48.50 and set a “sector perform” rating for the company in a report on Monday, May 6th. Canaccord Genuity Group boosted their price target on shares of Badger Infrastructure Solutions from C$52.00 to C$60.00 and gave the stock a “buy” rating in a report on Monday, March 4th. Stifel Nicolaus lifted 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 note on Friday, May 3rd. Finally, Raymond James lifted their target price on shares of Badger Infrastructure Solutions from C$52.00 to C$57.00 and gave the stock an “outperform” rating in a research note on Thursday, March 21st. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price 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.