Shares of Tidewater Midstream and Infrastructure Ltd. (TSE:TWM - Get Free Report) were up 6% during trading on Friday . The company traded as high as C$0.27 and last traded at C$0.27. Approximately 362,549 shares were traded during trading, a decline of 39% from the average daily volume of 594,961 shares. The stock had previously closed at C$0.25.
Wall Street Analyst Weigh In
TWM has been the subject of several recent research reports. Acumen Capital upped their price target on Tidewater Midstream and Infrastructure from C$0.30 to C$0.35 in a report on Monday. National Bankshares increased their price objective on shares of Tidewater Midstream and Infrastructure from C$0.10 to C$0.15 and gave the stock an "underperform" rating in a research note on Monday. Finally, CIBC lifted their target price on Tidewater Midstream and Infrastructure from C$0.30 to C$0.40 and gave the stock a "neutral" rating in a report on Thursday, January 9th. Two equities research analysts have rated the stock with a sell rating and four have given a hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of C$0.53.
Check Out Our Latest Analysis on TWM
Tidewater Midstream and Infrastructure Stock Performance
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 company has a market cap 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 stock 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
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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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