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

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

Badger Infrastructure Solutions Trading Down 2.0 %

Shares of Badger Infrastructure Solutions stock opened at C$39.68 on Friday. Badger Infrastructure Solutions Ltd. has a 1 year low of C$34.85 and a 1 year high of C$51.50. The firm has a market cap of C$947.85 million, a PE ratio of 22.97 and a beta of 1.14. The company has a debt-to-equity ratio of 92.49, a current ratio of 1.73 and a quick ratio of 1.49. The company has a 50 day simple moving average of C$39.36 and a two-hundred day simple moving average of C$38.36.

Badger Infrastructure Solutions Dividend Announcement

The business also recently announced 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 was Tuesday, December 31st. This represents a $0.72 annualized dividend and a yield of 1.81%. Badger Infrastructure Solutions’s payout ratio is presently 41.68%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on BDGI shares. Stifel Nicolaus raised 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. Raymond James raised their price objective 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, CIBC raised 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 report on Friday, March 7th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Badger Infrastructure Solutions currently has an average rating of “Moderate Buy” and an average target price of C$51.25.

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.