Badger Infrastructure Solutions (OTCMKTS:BADFF) Stock Price Crosses Below 50-Day Moving Average – Here’s What Happened

Badger Infrastructure Solutions Ltd. (OTCMKTS:BADFF) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $54.57 and traded as low as $49.83. Badger Infrastructure Solutions shares last traded at $49.83, with a volume of 127 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Badger Infrastructure Solutions in a research note on Monday, October 20th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy”.

Badger Infrastructure Solutions Trading Down 0.7%

The stock’s 50 day simple moving average is $54.57 and its 200 day simple moving average is $48.60.

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.