Tidewater Midstream and Infrastructure Ltd. (TSE:TWM - Get Free Report)'s share price shot up 66.7% during mid-day trading on Saturday . The company 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.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on TWM shares. 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 objective on shares of Tidewater Midstream and Infrastructure from C$0.30 to C$0.40 and gave the company a "neutral" rating in a research report on Thursday, January 9th. Finally, Scotiabank reduced their target price on Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a report on Friday, November 15th. One analyst has rated the stock with a sell rating and five have issued a hold rating to the company's stock. Based on data from MarketBeat, Tidewater Midstream and Infrastructure has a consensus rating of "Hold" and a consensus target price of C$0.66.
Read Our Latest Research Report on TWM
Tidewater Midstream and Infrastructure Trading Down 4.5 %
The stock has a market cap of C$90.52 million, a P/E ratio of -0.25, 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's 50 day simple moving average is C$0.17 and its two-hundred day simple moving average is C$0.22.
Tidewater Midstream and Infrastructure Company Profile
(
Get Free Report)
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.
Read More
Before you consider Tidewater Midstream and Infrastructure, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tidewater Midstream and Infrastructure wasn't on the list.
While Tidewater Midstream and Infrastructure currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
