Tidewater Midstream and Infrastructure (TSE:TWM) Stock Price Down 2.2% - What's Next?

Tidewater Midstream and Infrastructure Ltd. (TSE:TWM - Get Free Report) shares traded down 2.2% during trading on Wednesday . The company traded as low as C$0.22 and last traded at C$0.22. 552,283 shares were traded during mid-day trading, a decline of 4% from the average session volume of 578,102 shares. The stock had previously closed at C$0.23.

Analyst Ratings Changes

Separately, CIBC upped 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. One analyst has rated the stock with a sell rating and five have given a hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of C$0.66.

Tidewater Midstream and Infrastructure Trading Up 6.0 %

The company has a debt-to-equity ratio of 183.03, a quick ratio of 0.55 and a current ratio of 1.23. The firm has a market capitalization of C$114.23 million, a P/E ratio of -0.32, a price-to-earnings-growth ratio of 0.64 and a beta of 1.67. The firm has a 50 day moving average price of C$0.20 and a two-hundred day moving average price of C$0.21.

Tidewater Midstream and Infrastructure Company Profile

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.