Bird Construction (OTCMKTS:BIRDF) Trading Up 1.5% – Time to Buy?

Bird Construction Inc. (OTCMKTS:BIRDF) rose 1.5% on Wednesday . The stock traded as high as $47.50 and last traded at $47.50. Approximately 21,885 shares changed hands during mid-day trading, a decline of 10% from the average daily volume of 24,410 shares. The stock had previously closed at $46.82.

Wall Street Analyst Weigh In

BIRDF has been the subject of several analyst reports. TD Securities reissued a “buy” rating on shares of Bird Construction in a report on Tuesday, May 19th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Bird Construction in a research report on Wednesday. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Bird Construction in a report on Monday, May 25th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy”.

Bird Construction Trading Up 1.5%

The stock’s fifty day simple moving average is $42.25 and its 200-day simple moving average is $31.06.

Bird Construction Company Profile

Bird Construction (OTCMKTS:BIRDF) is one of Canada’s longest?standing general contractors, delivering construction and infrastructure projects across the country. The firm provides comprehensive building services to public and private sector clients, focusing on sectors such as institutional, healthcare, education, commercial, industrial and multi?unit residential. Through its broad project portfolio, Bird has established a reputation for managing complex developments from initial concept through to project handover.

The company offers a full range of delivery models, including traditional design?bid?build, construction management, design?build and integrated project delivery.