Badger Infrastructure Solutions Ltd. (TSE:BDGI) Director Buys C$38,971.20 in Stock

Badger Infrastructure Solutions Ltd. (TSE:BDGI) Director Stephanie Cuskley acquired 1,000 shares of the firm’s stock in a transaction on Thursday, November 7th. The shares were bought at an average cost of C$38.97 per share, for a total transaction of C$38,971.20.

Stephanie Cuskley also recently made the following trade(s):

• On Tuesday, August 13th, Stephanie Cuskley purchased 185 shares of Badger Infrastructure Solutions stock. The shares were bought at an average price of C$26.51 per share, with a total value of C$4,904.35.

Badger Infrastructure Solutions Stock Performance

Shares of Badger Infrastructure Solutions stock opened at C$37.55 on Friday. The company has a debt-to-equity ratio of 97.25, a quick ratio of 1.49 and a current ratio of 1.65. The business’s 50 day moving average price is C$38.24 and its 200 day moving average price is C$39.65. The company has a market cap of C$1.29 billion, a price-to-earnings ratio of 22.90 and a beta of 1.14. Badger Infrastructure Solutions Ltd. has a one year low of C$34.85 and a one year high of C$51.50.

Badger Infrastructure Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 15th were given a dividend of $0.18 per share. The ex-dividend date was Friday, September 27th. This represents a $0.72 annualized dividend and a dividend yield of 1.92%. Badger Infrastructure Solutions’s payout ratio is 43.90%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on BDGI shares. BMO Capital Markets lowered their price objective on Badger Infrastructure Solutions from C$45.00 to C$42.00 and set a “market perform” rating on the stock in a report on Friday, August 2nd. Raymond James lowered their price target on Badger Infrastructure Solutions from C$50.00 to C$46.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Stifel Nicolaus reduced their price objective on Badger Infrastructure Solutions from C$56.00 to C$51.00 and set a “buy” rating for the company in a research note on Friday, November 1st. Finally, CIBC lowered their target price on shares of Badger Infrastructure Solutions from C$50.00 to C$49.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Two 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.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$49.21.

About Badger Infrastructure Solutions

Badger Infrastructure Solutions Ltd. provides non-destructive excavating and related services in Canada and the United States. Its Badger Hydrovac technology uses a pressurized water stream to liquefy the soil cover, which is then removed with a vacuum system and deposited into a storage tank. The company offers daylighting services for visual confirmation of buried lines, directional drilling test holes, sacrificial anode installation, pipeline and utility crossings, and subsurface utility engineering test holes applications; and debris removal services for frac tank clean-outs, road and box culvert clean-outs, pipe-rammed casing clean-outs, ballast and filter media removal, and inside structures and buildings material removal.