Badger Infrastructure Solutions Ltd. (TSE:BDGI) Director Mary Jordan Buys 800 Shares

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

Badger Infrastructure Solutions Trading Up 1.6 %

BDGI stock traded up C$0.62 during midday trading on Friday, hitting C$39.73. The company had a trading volume of 89,880 shares, compared to its average volume of 112,865. The stock has a market cap of C$949.05 million, a price-to-earnings ratio of 23.00 and a beta of 1.14. 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 current ratio of 1.73, a quick ratio of 1.49 and a debt-to-equity ratio of 92.49. The stock’s 50 day moving average price is C$38.93 and its 200 day moving average price is C$38.24.

Badger Infrastructure Solutions Dividend Announcement

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

Analysts Set New Price Targets

BDGI has been the subject of several research reports. Raymond James upped their target price on Badger Infrastructure Solutions from C$46.00 to C$50.00 and gave the stock an “outperform” rating in a research note on Friday, March 7th. CIBC upped their price objective on shares of Badger Infrastructure Solutions from C$55.00 to C$59.00 and gave the company an “outperform” rating in a research note on Friday, March 7th. Finally, Stifel Nicolaus increased 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 analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target 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.