Several other research analysts also recently commented on the stock. Cormark lifted their target price on shares of Badger Daylighting from C$40.00 to C$48.00 in a research note on Thursday. Canaccord Genuity lifted their target price on shares of Badger Daylighting from C$41.00 to C$47.00 and gave the stock an average rating in a research note on Thursday. Finally, Industrial Alliance Securities downgraded shares of Badger Daylighting from a buy rating to a hold rating and set a C$39.00 target price on the stock. in a research note on Tuesday, December 11th.
Shares of TSE BAD opened at C$40.36 on Thursday. The company has a current ratio of 2.96, a quick ratio of 2.79 and a debt-to-equity ratio of 27.32. Badger Daylighting has a 52 week low of C$22.59 and a 52 week high of C$40.54. The firm has a market capitalization of $1.45 billion and a P/E ratio of 19.80.
In related news, Director Glen Dawson Roane sold 30,000 shares of Badger Daylighting stock in a transaction on Friday, January 11th. The shares were sold at an average price of C$35.51, for a total value of C$1,065,210.00. Following the transaction, the director now directly owns 45,700 shares of the company’s stock, valued at C$1,622,669.90.
About Badger Daylighting
Badger Daylighting 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; potholing; and slot trenching services for perimeter slot trenching, exposing existing cables or conduits, cable or conduit and drain tile installation, and line fault repairs.
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