Bird Construction (OTCMKTS:BIRDF) Shares Break Above Fifty Day Moving Average – What’s Next?

Bird Construction Inc. (OTCMKTS:BIRDF)’s share price passed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $54.13 and traded as high as $56.47. Bird Construction shares last traded at $54.60, with a volume of 7,026 shares trading hands.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on BIRDF. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Bird Construction in a research report on Friday, August 14th. BMO Capital Markets reissued an “outperform” rating on shares of Bird Construction in a research note on Thursday, August 13th. Finally, TD Securities restated a “buy” rating on shares of Bird Construction in a report on Monday, August 17th. Three investment analysts have rated the stock with a Buy rating. According to MarketBeat.com, the stock has a consensus rating of “Buy”.

Bird Construction Trading Up 1.1%

The firm’s 50-day moving average is $54.13 and its two-hundred day moving average is $41.74.

About Bird Construction

Bird Construction Inc. is a Canadian construction and maintenance services company that delivers projects for public- and private-sector customers. Its activities include construction management, design-build, general contracting and public-private partnership services. The company works across a range of markets, including industrial, commercial, institutional, infrastructure and civil construction. Its projects may include facilities and structures for government, healthcare, education, transportation, energy, mining and other industrial clients, as well as ongoing maintenance and special-project services.