Badger Infrastructure Solutions Ltd. (TSE:BDGI) Director Purchases C$11,410.79 in Stock

Badger Infrastructure Solutions Ltd. (TSE:BDGI) Director George Allen Williams purchased 285 shares of Badger Infrastructure Solutions stock in a transaction dated Tuesday, March 18th. The shares were purchased at an average price of C$40.04 per share, with a total value of C$11,410.79.

Badger Infrastructure Solutions Stock Performance

Badger Infrastructure Solutions stock opened at C$40.50 on Friday. The company has a quick ratio of 1.49, a current ratio of 1.73 and a debt-to-equity ratio of 92.49. The company has a market capitalization of C$967.44 million, a PE ratio of 23.44 and a beta of 1.14. The firm has a fifty day simple moving average of C$39.30 and a two-hundred day simple moving average of C$38.33. Badger Infrastructure Solutions Ltd. has a twelve month low of C$34.85 and a twelve month high of C$51.50.

Badger Infrastructure Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 15th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.78%. The ex-dividend date was Tuesday, December 31st. Badger Infrastructure Solutions’s dividend payout ratio is presently 41.68%.

Wall Street Analyst Weigh In

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