Badger Daylighting (TSE:BAD) Shares Down 3.4% – Here’s Why

Badger Daylighting Ltd. (TSE:BAD)’s stock price was down 3.4% during mid-day trading on Monday . The company traded as low as C$40.17 and last traded at C$40.30. Approximately 84,884 shares traded hands during mid-day trading, a decline of 4% from the average daily volume of 88,740 shares. The stock had previously closed at C$41.71.

Badger Daylighting Stock Down 3.4 %

The company has a quick ratio of 1.11, a current ratio of 1.26 and a debt-to-equity ratio of 42.16. The stock has a market cap of C$1.40 billion and a PE ratio of 310.00. The company has a 50-day moving average of C$40.30.

Badger Daylighting Company Profile

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; slot trenching services for perimeter slot trenching, exposing existing cables or conduits, cable or conduit and drain tile installation, and line fault repairs; and service repair pits for gas service tie-in, electric cable fault repair, water main and service repair, and telecom splice applications.