Badger Infrastructure Solutions Ltd. (TSE:BDGI) Director Mary Jordan Purchases 800 Shares of Stock

Badger Infrastructure Solutions Ltd. (TSE:BDGI) Director Mary Jordan acquired 800 shares of the firm’s stock in a transaction that occurred on Tuesday, March 11th. The stock was purchased at an average cost of C$39.32 per share, with a total value of C$31,456.00.

Badger Infrastructure Solutions Price Performance

Badger Infrastructure Solutions stock traded up C$0.62 during midday trading on Friday, reaching C$39.73. 89,880 shares of the stock were exchanged, compared to its average volume of 112,865. Badger Infrastructure Solutions Ltd. has a 52 week low of C$34.85 and a 52 week high of C$51.50. The company has a debt-to-equity ratio of 92.49, a quick ratio of 1.49 and a current ratio of 1.73. The firm has a market cap of C$949.05 million, a PE ratio of 23.00 and a beta of 1.14. The company’s fifty day moving average is C$38.93 and its 200-day moving average is C$38.24.

Badger Infrastructure Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 15th were issued a $0.18 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.72 annualized dividend and a dividend yield of 1.81%. Badger Infrastructure Solutions’s payout ratio is currently 41.68%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on BDGI. CIBC increased their target price on shares of Badger Infrastructure Solutions from C$55.00 to C$59.00 and gave the stock an “outperform” rating in a research report on Friday, March 7th. Raymond James raised their price objective on shares of Badger Infrastructure Solutions from C$46.00 to C$50.00 and gave the stock an “outperform” rating in a report on Friday, March 7th. Finally, Stifel Nicolaus boosted their target price on shares of Badger Infrastructure Solutions from C$51.00 to C$53.00 and gave the company a “buy” rating in a report on Thursday, January 30th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$51.50.

Badger Infrastructure Solutions Company Profile

Badger Infrastructure Solutions Ltd is North America’s provider of non-destructive excavating services. Its key technology is the Badger Hydrovac, which is used primarily for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank.