Badger Infrastructure Solutions (OTCMKTS:BADFF) Shares Up 1.6% – Time to Buy?

Badger Infrastructure Solutions Ltd. (OTCMKTS:BADFF) shot up 1.6% on Thursday . The company traded as high as $55.40 and last traded at $55.3680. 468 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 6,303 shares. The stock had previously closed at $54.47.

Wall Street Analysts Forecast Growth

Separately, CIBC reaffirmed an “outperform” rating on shares of Badger Infrastructure Solutions in a research note on Monday, October 20th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy”.

Badger Infrastructure Solutions Price Performance

The company’s 50-day simple moving average is $50.54 and its 200-day simple moving average is $42.59.

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.