Tidewater Midstream and Infrastructure Ltd. (TSE:TWM - Get Free Report) shares traded up 66.7% during mid-day trading on Friday . The stock traded as high as C$0.21 and last traded at C$0.20. 6,932,558 shares were traded during trading, an increase of 1,017% from the average session volume of 620,391 shares. The stock had previously closed at C$0.12.
Several equities research analysts recently weighed in on the stock. Atb Cap Markets cut shares of Tidewater Midstream and Infrastructure from a "strong-buy" rating to a "moderate buy" rating in a research report on Friday, November 15th. CIBC boosted their price target on shares of Tidewater Midstream and Infrastructure from C$0.30 to C$0.40 and gave the stock a "neutral" rating in a research report on Thursday, January 9th. Finally, Scotiabank dropped their price target on shares of Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a research report on Friday, November 15th. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. Based on data from MarketBeat.com, Tidewater Midstream and Infrastructure currently has an average rating of "Hold" and an average target price of C$0.66.
View Our Latest Analysis on Tidewater Midstream and Infrastructure
The stock has a market cap of C$86.21 million, a P/E ratio of -0.24, a PEG ratio of 0.64 and a beta of 1.67. The company has a quick ratio of 0.55, a current ratio of 1.23 and a debt-to-equity ratio of 183.03. The business has a 50-day simple moving average of C$0.16 and a 200-day simple moving average of C$0.23.
Tidewater Midstream and Infrastructure Ltd is a Canadian company that is engaged in providing midstream infrastructure and a natural gas storage facility. It mainly focuses on the purchase, sale, and transportation of Natural Gas Liquids (NGLs) such as propane and natural gasoline throughout North America and export to premium markets.
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