Bird Construction (OTCMKTS:BIRDF) Stock Falls 2.2% – Time to Sell?

Bird Construction Inc. (OTCMKTS:BIRDF)’s stock price dropped 2.2% during trading on Wednesday. The stock traded as low as $56.7050 and last traded at $57.51. 26,227 shares were traded during mid-day trading, a decline of 17% from the average session volume of 31,516 shares. The stock had previously closed at $58.82.

Analyst Upgrades and Downgrades

BIRDF has been the subject of several research analyst reports. TD Securities reiterated a “buy” rating on shares of Bird Construction in a report on Monday, August 17th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Bird Construction in a research note on Friday, August 14th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Bird Construction in a report on Thursday, August 13th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Bird Construction Price Performance

The stock’s 50-day moving average price is $52.31 and its 200-day moving average price is $44.68.

About Bird Construction

Bird Construction Inc is a Canadian construction and infrastructure services company that provides general contracting, construction management, design-build and public-private partnership services. Its work spans commercial, institutional, industrial, civil and infrastructure projects.

The company also provides building maintenance, project management and specialized construction services for clients in sectors such as healthcare, education, government, transportation, energy and natural resources.