Badger Infrastructure Solutions Ltd. (TSE:BDGI) Director Robert George Blackadar Purchases 1,000 Shares

Badger Infrastructure Solutions Ltd. (TSE:BDGI) Director Robert George Blackadar purchased 1,000 shares of Badger Infrastructure Solutions stock in a transaction that occurred on Monday, November 4th. The stock was purchased at an average cost of C$36.08 per share, for a total transaction of C$36,084.40.

Badger Infrastructure Solutions Stock Performance

BDGI stock opened at C$35.95 on Tuesday. The stock’s 50 day simple moving average is C$38.15 and its 200 day simple moving average is C$39.90. The company has a current ratio of 1.65, a quick ratio of 1.49 and a debt-to-equity ratio of 97.25. Badger Infrastructure Solutions Ltd. has a 12-month low of C$34.85 and a 12-month high of C$51.50. The stock has a market capitalization of C$1.24 billion, a PE ratio of 21.92 and a beta of 1.14.

Badger Infrastructure Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 15th were given a dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.72 annualized dividend and a dividend yield of 2.00%. Badger Infrastructure Solutions’s dividend payout ratio (DPR) is presently 43.90%.

Analysts Set New Price Targets

BDGI has been the topic of a number of research reports. Stifel Nicolaus dropped their target price on shares of Badger Infrastructure Solutions from C$56.00 to C$51.00 and set a “buy” rating on the stock in a report on Friday. CIBC dropped their price objective on shares of Badger Infrastructure Solutions from C$50.00 to C$49.00 and set an “outperform” rating on the stock in a research note on Friday. BMO Capital Markets decreased their target price on shares of Badger Infrastructure Solutions from C$45.00 to C$42.00 and set a “market perform” rating for the company in a research note on Friday, August 2nd. Canaccord Genuity Group dropped their price target on Badger Infrastructure Solutions from C$60.00 to C$55.00 and set a “buy” rating on the stock in a research report on Tuesday, July 9th. Finally, Raymond James reduced their price objective on Badger Infrastructure Solutions from C$50.00 to C$46.00 and set an “outperform” rating for the company in a research report on Friday. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Badger Infrastructure Solutions currently has an average rating of “Moderate Buy” and a consensus target price of C$48.81.

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.