Badger Infrastructure Solutions Ltd. (TSE:BDGI) Director Buys C$31,456.00 in Stock

Badger Infrastructure Solutions Ltd. (TSE:BDGI) Director Mary Jordan bought 800 shares of the firm’s stock in a transaction that occurred on Tuesday, March 11th. The shares were acquired 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 %

Shares of Badger Infrastructure Solutions stock opened at C$39.73 on Friday. The company has a debt-to-equity ratio of 92.49, a quick ratio of 1.49 and a current ratio of 1.73. Badger Infrastructure Solutions Ltd. has a 52 week low of C$34.85 and a 52 week high of C$51.50. The stock has a 50 day moving average price of C$39.01 and a two-hundred day moving average price of C$38.25. The stock has a market capitalization of C$949.05 million, a PE ratio of 23.00 and a beta of 1.14.

Badger Infrastructure Solutions Announces Dividend

The business also recently announced 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 dividend on an annualized basis and a dividend yield of 1.81%. Badger Infrastructure Solutions’s dividend payout ratio is presently 41.68%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on BDGI. Raymond James raised 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. Stifel Nicolaus raised their target price on Badger Infrastructure Solutions from C$51.00 to C$53.00 and gave the stock a “buy” rating in a research note on Thursday, January 30th. Finally, CIBC raised their price objective on 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. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average 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.