Badger Infrastructure Solutions (TSE:BDGI) Reaches New 12-Month Low - What's Next?

Badger Infrastructure Solutions Ltd. (TSE:BDGI - Get Free Report) hit a new 52-week low during trading on Monday . The stock 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 weighed in on BDGI shares. Raymond James upped their price objective on shares of 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 shares of 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 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 research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Badger Infrastructure Solutions has a consensus rating of "Moderate Buy" and a consensus target price of C$51.25.

Badger Infrastructure Solutions Price Performance

The stock's 50-day moving average price is C$39.01 and its 200 day moving average price is C$38.49. The company has a quick ratio of 1.49, a current ratio of 1.73 and a debt-to-equity ratio of 92.49. The firm has a market capitalization of C$871.89 million, a price-to-earnings ratio of 21.13 and a beta of 1.14.

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Insider Activity at Badger Infrastructure Solutions

In other news, Director Mary Jordan purchased 800 shares of the stock in a transaction dated 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. 0.33% of the stock is owned by corporate insiders.

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.