Badger Infrastructure Solutions (TSE:BDGI) Hits New 12-Month Low – Should You Sell?

Badger Infrastructure Solutions Ltd. (TSE:BDGI) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$33.62 and last traded at C$34.19, with a volume of 11275 shares. The stock had previously closed at C$35.59.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on BDGI shares. Raymond James lifted their target price on shares of Badger Infrastructure Solutions from C$46.00 to C$50.00 and gave the company an “outperform” rating in a report on Friday, March 7th. CIBC upped 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. Finally, Stifel Nicolaus increased their price target 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 analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Badger Infrastructure Solutions has an average rating of “Moderate Buy” and a consensus target price of C$51.25.

Badger Infrastructure Solutions Stock Down 0.4 %

The firm has a 50 day moving average of C$39.51 and a two-hundred day moving average of C$38.57. The stock has a market capitalization of C$847.05 million, a PE ratio of 20.52 and a beta of 1.14. The company has a current ratio of 1.73, a quick ratio of 1.49 and a debt-to-equity ratio of 92.49.

Insider Activity

In other Badger Infrastructure Solutions news, Director Mary Jordan purchased 800 shares of Badger Infrastructure Solutions stock in a transaction on Tuesday, March 11th. The shares were bought at an average price of C$39.32 per share, with a total value of C$31,456.00. Company insiders own 0.33% of the company’s stock.

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.