Bird Construction (OTCMKTS:BIRDF) Stock Price Up 3.7% – Here’s Why

Shares of Bird Construction Inc. (OTCMKTS:BIRDF) were up 3.7% during trading on Wednesday. The stock traded as high as $53.93 and last traded at $53.93. Approximately 6,101 shares traded hands during trading, a decline of 81% from the average daily volume of 31,379 shares. The stock had previously closed at $52.02.

Wall Street Analyst Weigh In

Several research firms have weighed in on BIRDF. BMO Capital Markets reiterated an “outperform” rating on shares of Bird Construction in a research note on Thursday, August 13th. TD Securities reissued a “buy” rating on shares of Bird Construction in a research note on Monday, August 17th. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Bird Construction in a report on Friday, August 14th. Three investment analysts have rated the stock with a Buy rating. According to data from MarketBeat, Bird Construction has a consensus rating of “Buy”.

Bird Construction Stock Down 9.9%

The company has a 50 day moving average of $53.58 and a 200 day moving average of $40.37.

Bird Construction Company Profile

Bird Construction Inc (OTCMKTS:BIRDF) is a Canadian construction and infrastructure services company that provides general contracting, construction management, design-build and related project-delivery services. The company works with public- and private-sector clients to plan and build complex projects across a range of end markets.

Bird’s activities include the construction and renovation of institutional, commercial, industrial and residential buildings, as well as infrastructure and specialized facilities.