Bird Construction (OTCMKTS:BIRDF) Stock Price Down 1.8% – Here’s What Happened

Shares of Bird Construction Inc. (OTCMKTS:BIRDF) were down 1.8% on Wednesday . The stock traded as low as $42.88 and last traded at $42.88. Approximately 8,754 shares changed hands during trading, a decline of 64% from the average daily volume of 24,567 shares. The stock had previously closed at $43.67.

Wall Street Analyst Weigh In

Several research analysts have weighed in on BIRDF shares. TD Securities reiterated a “buy” rating on shares of Bird Construction in a research report on Tuesday, May 19th. BMO Capital Markets reiterated an “outperform” rating on shares of Bird Construction in a research report on Monday, May 25th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Bird Construction in a research report on Tuesday, May 19th. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Bird Construction Price Performance

The stock has a 50-day moving average of $38.85 and a 200 day moving average of $28.46.

Bird Construction Company Profile

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.