Mary Jordan Purchases 800 Shares of Badger Infrastructure Solutions Ltd. (TSE:BDGI) Stock

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

Badger Infrastructure Solutions Stock Up 1.6 %

BDGI stock opened at C$39.73 on Friday. Badger Infrastructure Solutions Ltd. has a 12 month low of C$34.85 and a 12 month high of C$51.50. The firm has a market cap of C$949.05 million, a PE ratio of 23.00 and a beta of 1.14. The firm has a 50 day simple moving average of C$39.01 and a 200 day simple moving average of C$38.25. The company has a debt-to-equity ratio of 92.49, a current ratio of 1.73 and a quick ratio of 1.49.

Badger Infrastructure Solutions Dividend Announcement

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

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on BDGI shares. Stifel Nicolaus upped 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 research note on Thursday, January 30th. Raymond James upped their price target on shares of Badger Infrastructure Solutions from C$46.00 to C$50.00 and gave the stock an “outperform” rating in a research note on Friday, March 7th. Finally, CIBC upped their price target on shares of Badger Infrastructure Solutions from C$55.00 to C$59.00 and gave the stock an “outperform” rating in a research note on Friday, March 7th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target 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.