Bird Construction (OTCMKTS:BIRDF) Trading 3.9% Higher – Here’s Why

Bird Construction Inc. (OTCMKTS:BIRDF)’s share price was up 3.9% during trading on Thursday . The company traded as high as $22.92 and last traded at $22.92. Approximately 13,547 shares traded hands during mid-day trading, a decline of 39% from the average daily volume of 22,273 shares. The stock had previously closed at $22.0650.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on BIRDF. CIBC reiterated an “outperform” rating on shares of Bird Construction in a report on Monday, October 20th. Raymond James Financial reaffirmed an “outperform” rating on shares of Bird Construction in a report on Wednesday, October 15th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Bird Construction Price Performance

The firm’s fifty day simple moving average is $20.66 and its 200-day simple moving average is $20.32.

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.