Shares of Tidewater Midstream and Infrastructure Ltd. (TSE:TWM - Get Free Report) were up 66.7% during trading on Saturday . The company traded as high as C$0.21 and last traded at C$0.20. Approximately 6,932,558 shares were traded 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 Upgrades and Downgrades
TWM has been the topic of several analyst reports. CIBC upped their price target on shares of 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. Scotiabank cut their target price on Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a research note on Friday, November 15th. Finally, Atb Cap Markets lowered Tidewater Midstream and Infrastructure from a "strong-buy" rating to a "moderate buy" rating in a research note on Friday, November 15th. One investment analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of C$0.66.
Check Out Our Latest Stock Report on TWM
Tidewater Midstream and Infrastructure Trading Down 4.5 %
The stock's 50-day moving average price is C$0.17 and its 200 day moving average price is C$0.22. 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 firm has a market capitalization of C$90.52 million, a PE ratio of -0.25, a price-to-earnings-growth 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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