Badger Infrastructure Solutions (TSE:BDGI) Trading Up 3.1% - What's Next?

Badger Infrastructure Solutions Ltd. (TSE:BDGI - Get Free Report)'s stock price rose 3.1% on Thursday . The stock traded as high as C$42.74 and last traded at C$42.57. Approximately 85,415 shares traded hands during trading, a decline of 12% from the average daily volume of 97,305 shares. The stock had previously closed at C$41.30.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Stifel Nicolaus decreased their price objective on Badger Infrastructure Solutions from C$53.00 to C$46.50 and set a "buy" rating for the company in a research report on Thursday, April 17th. 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, CIBC upped their target price on shares of Badger Infrastructure Solutions from C$52.00 to C$53.00 and gave the stock an "outperform" rating in a research note on Thursday, May 1st. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of C$49.30.

Badger Infrastructure Solutions Stock Up 0.1 %

The company has a current ratio of 1.73, a quick ratio of 1.49 and a debt-to-equity ratio of 92.49. The company has a market capitalization of C$1.02 billion, a P/E ratio of 24.66 and a beta of 1.14. The firm's 50 day moving average price is C$38.56 and its two-hundred day moving average price is C$38.35.

Insider Activity at Badger Infrastructure Solutions

In other news, Director Mary Jordan bought 800 shares of the company's stock in a transaction dated Tuesday, March 11th. The shares were bought at an average cost of C$39.32 per share, with a total value of C$31,456.00. 0.33% of the stock is owned by insiders.

About Badger Infrastructure Solutions

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.