The stock of Badger Daylighting Ltd (TSE:BAD) hit a new 52-week high and has $31.27 target or 4.00% above today’s $30.07 share price. The 9 months bullish chart indicates low risk for the $1.12B company. The 1-year high was reported on Nov, 25 by Barchart.com. If the $31.27 price target is reached, the company will be worth $44.80 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 22,406 shares traded hands. Badger Daylighting Ltd (TSE:BAD) has risen 32.26% since April 21, 2016 and is uptrending. It has outperformed by 26.85% the S&P500.
More news for Badger Daylighting Ltd (TSE:BAD) were recently published by: Barrons.com, which released: “Badger Daylighting Ltd.” on August 23, 2015. Business.Financialpost.com‘s article titled: “Badger Daylighting Ltd upgraded on strong Q2 results” and published on August 15, 2016 is yet another important article.
Badger Daylighting Ltd. is a well-known provider of non-destructive excavating services. The company has a market cap of $1.12 billion. The Firm works for contractors and facility owners in the utility and petroleum industries. It has a 26.53 P/E ratio. The Firm operates in three divisions: rents and sells various lines of trench shielding used to shore and strengthen trenches dug for a range of purposes; provides sewer inspection services and limited sewer flush services, and provides general vacuum truck and auxiliary services to the gas and oil industry, focusing primarily on production tank cleaning and removal of waste oil and sand.
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