Badger Infrastructure Solutions (OTCMKTS:BADFF) Stock Passes Below Fifty Day Moving Average – Here’s What Happened

Badger Infrastructure Solutions Ltd. (OTCMKTS:BADFF) shares crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $26.97 and traded as low as $26.83. Badger Infrastructure Solutions shares last traded at $26.83, with a volume of 1,643 shares changing hands.

Analyst Ratings Changes

BADFF has been the subject of several analyst reports. CIBC reaffirmed an “outperform” rating on shares of Badger Infrastructure Solutions in a research note on Monday, February 3rd. Raymond James reissued an “outperform” rating on shares of Badger Infrastructure Solutions in a research note on Friday, March 7th.

Badger Infrastructure Solutions Stock Performance

The business has a 50 day moving average price of $27.01 and a 200-day moving average price of $27.15.

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.