Tidewater Midstream and Infrastructure Ltd. (TSE:TWM - Get Free Report) rose 66.7% during mid-day trading on Friday . The company traded as high as C$0.21 and last traded at C$0.20. Approximately 6,932,558 shares changed hands during trading, an increase of 1,017% from the average daily volume of 620,391 shares. The stock had previously closed at C$0.12.
Analyst Ratings Changes
TWM has been the subject of several analyst reports. Atb Cap Markets downgraded Tidewater Midstream and Infrastructure from a "strong-buy" rating to a "moderate buy" rating in a research note on Friday, November 15th. CIBC increased their price target 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. Finally, Scotiabank dropped their price objective on shares of Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a research note on Friday, November 15th. One analyst has rated the stock with a sell rating and five have given a hold rating to the company. According to data from MarketBeat.com, Tidewater Midstream and Infrastructure has a consensus rating of "Hold" and an average target price of C$0.66.
View Our Latest Research Report on TWM
Tidewater Midstream and Infrastructure Trading Down 6.4 %
The business's fifty day moving average price is C$0.17 and its 200 day moving average price is C$0.22. 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 firm has a market capitalization of C$94.84 million, a PE ratio of -0.27, a P/E/G ratio of 0.64 and a beta of 1.67.
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.
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