Tidewater Midstream and Infrastructure (TSE:TWM) Stock Price Expected to Rise, National Bankshares Analyst Says

Tidewater Midstream and Infrastructure (TSE:TWM - Free Report) had its price objective hoisted by National Bankshares from C$0.10 to C$0.15 in a research note released on Monday,BayStreet.CA reports. National Bankshares currently has an underperform rating on the stock.

Separately, CIBC increased their price objective on Tidewater Midstream and Infrastructure from C$0.30 to C$0.40 and gave the company a "neutral" rating in a report on Thursday, January 9th. Two analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. Based on data from MarketBeat.com, Tidewater Midstream and Infrastructure has an average rating of "Hold" and a consensus price target of C$0.53.

Tidewater Midstream and Infrastructure Stock Up 5.7 %

TSE:TWM traded up C$0.02 during trading hours on Monday, reaching C$0.28. The company's stock had a trading volume of 684,856 shares, compared to its average volume of 619,469. Tidewater Midstream and Infrastructure has a one year low of C$0.11 and a one year high of C$0.86. The business's 50-day moving average is C$0.20 and its 200-day moving average is C$0.21. The company has a debt-to-equity ratio of 183.03, a current ratio of 1.23 and a quick ratio of 0.55. The company has a market cap of C$120.70 million, a price-to-earnings ratio of -0.34, a price-to-earnings-growth ratio of 0.64 and a beta of 1.67.

About Tidewater Midstream and Infrastructure

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.