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

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

Analyst Ratings Changes

A number of research firms recently weighed in on BIRDF. BMO Capital Markets restated an “outperform” rating on shares of Bird Construction in a research note on Monday, May 25th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Bird Construction in a research note on Tuesday, May 19th. Finally, TD Securities restated a “buy” rating on shares of Bird Construction in a research note on Tuesday, May 19th. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Bird Construction has an average rating of “Buy”.

Bird Construction Trading Down 1.8%

The firm has a 50-day simple moving average of $38.85 and a two-hundred day simple moving average of $28.46.

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.