Bird Construction (OTCMKTS:BIRDF) Stock Price Down 0.9% – Here’s Why

Bird Construction Inc. (OTCMKTS:BIRDF)’s share price traded down 0.9% during trading on Wednesday . The stock traded as low as $48.87 and last traded at $48.93. Approximately 261 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 30,824 shares. The stock had previously closed at $49.36.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on BIRDF shares. TD Securities restated a “buy” rating on shares of Bird Construction in a report on Monday, August 17th. Canadian Imperial Bank of Commerce reiterated 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 research report on Thursday, August 13th. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Bird Construction has an average rating of “Buy”.

Bird Construction Trading Down 0.9%

The company’s 50-day moving average is $48.29 and its two-hundred day moving average is $38.04.

About Bird Construction

Bird Construction (OTCMKTS:BIRDF) is one of Canada’s longest‐standing general contractors, delivering construction and infrastructure projects across the country. The firm provides comprehensive building services to public and private sector clients, focusing on sectors such as institutional, healthcare, education, commercial, industrial and multi‐unit residential. Through its broad project portfolio, Bird has established a reputation for managing complex developments from initial concept through to project handover.

The company offers a full range of delivery models, including traditional design‐bid‐build, construction management, design‐build and integrated project delivery.