Badger Meter Inc. (NYSE:BMI) traded today at a new 52-week high of $111.77. Approximately 131,000 shares have changed hands today, as compared to an average 30-day volume of 233,000 shares.
Badger Meter Inc is a manufacturer and marketer of products incorporating flow measurement, control and communication solutions. The company’s products measure water, oil, chemicals and other fluids, provide and communicate timely measurement data. Badger’s product lines include two categories: sales of water meters and related technologies to municipal water utilities (municipal water), and sales of meters to various industries for water and other fluids (flow instrumentation). It derives most of its revenues from the United States.
Over the past year, Badger Meter Inc. has traded in a range of $41.50 to $111.77 and is now at $106.53, 157% above that low.
Potential upside of 2.0% exists for Badger Meter Inc., based on a current level of $106.53 and analysts’ average consensus price target of $108.63.
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