Tidewater Midstream and Infrastructure Ltd. (TSE:TWM - Get Free Report)'s share price traded 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 traded hands 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
A number of equities research analysts have recently issued reports on the stock. CIBC upped their target price on shares of 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. Scotiabank dropped their target price on shares of Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a report on Friday, November 15th. Finally, Atb Cap Markets lowered shares of Tidewater Midstream and Infrastructure from a "strong-buy" rating to a "moderate buy" rating in a report on Friday, November 15th. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating to the company. According to data from MarketBeat, Tidewater Midstream and Infrastructure has an average rating of "Hold" and an average target price of C$0.66.
Get Our Latest Report on TWM
Tidewater Midstream and Infrastructure Stock Performance
The firm's 50-day moving average price is C$0.17 and its two-hundred day moving average price is C$0.22. 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 stock has a market cap of C$90.52 million, a price-to-earnings ratio of -0.25, a PEG ratio of 0.64 and a beta of 1.67.
About Tidewater Midstream and Infrastructure
(
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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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