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

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

Badger Infrastructure Solutions Stock Up 1.6 %

Shares of BDGI opened at C$39.73 on Monday. The firm has a market cap of C$949.05 million, a P/E ratio of 23.00 and a beta of 1.14. 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 firm’s 50-day simple moving average is C$39.01 and its 200 day simple moving average is C$38.25.

Badger Infrastructure Solutions Dividend Announcement

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

Analysts Set New Price Targets

BDGI has been the subject of several recent research reports. Raymond James upped their price objective on Badger Infrastructure Solutions from C$46.00 to C$50.00 and gave the stock an “outperform” rating in a research report on Friday, March 7th. CIBC upped their price target on Badger Infrastructure Solutions from C$55.00 to C$59.00 and gave the stock 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 company a “buy” rating in a research report on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, Badger Infrastructure Solutions has an average rating of “Moderate Buy” and an average target price of C$51.50.

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.