Badger Daylighting Ltd (TSE:BAD)’s share price was up 7.2% on Wednesday . The stock traded as high as C$40.03 and last traded at C$40.00. Approximately 70,505 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 164,209 shares. The stock had previously closed at C$37.33.

Several equities analysts have weighed in on BAD shares. Cormark reaffirmed a “buy” rating and issued a C$40.00 price objective on shares of Badger Daylighting in a report on Thursday, December 20th. Industrial Alliance Securities cut Badger Daylighting from a “buy” rating to a “hold” rating and set a C$39.00 price target for the company. in a report on Tuesday, December 11th. BMO Capital Markets boosted their price target on Badger Daylighting from C$41.00 to C$49.00 in a report on Thursday. Finally, Canaccord Genuity reissued an “average” rating and set a C$47.00 price target (up previously from C$41.00) on shares of Badger Daylighting in a report on Thursday.

The company has a quick ratio of 2.79, a current ratio of 2.96 and a debt-to-equity ratio of 27.32. The firm has a market capitalization of $1.48 billion and a P/E ratio of 19.80.

The firm also recently declared a monthly dividend, which will be paid on Friday, March 15th. Stockholders of record on Friday, March 15th will be issued a dividend of $0.045 per share. The ex-dividend date of this dividend is Wednesday, February 27th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 1.34%. Badger Daylighting’s dividend payout ratio (DPR) is currently 25.47%.

In other news, Director Glen Dawson Roane sold 30,000 shares of the business’s stock in a transaction on Friday, January 11th. The stock was sold at an average price of C$35.51, for a total transaction of C$1,065,210.00. Following the completion of the transaction, the director now owns 45,700 shares of the company’s stock, valued at approximately C$1,622,669.90.

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Badger Daylighting Company Profile (TSE:BAD)

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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