Tidewater Midstream and Infrastructure Ltd. (TSE:TWM - Get Free Report) traded up 66.7% 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.
Analyst Upgrades and Downgrades
TWM has been the topic of a number of recent analyst reports. Scotiabank cut their target price on shares of Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a research note on Friday, November 15th. Atb Cap Markets cut Tidewater Midstream and Infrastructure from a "strong-buy" rating to a "moderate buy" rating in a research note on Friday, November 15th. 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 research report on Thursday, January 9th. One analyst has rated the stock with a sell rating and five have issued a hold rating to the company. According to MarketBeat, Tidewater Midstream and Infrastructure presently has an average rating of "Hold" and an average target price of C$0.66.
Check Out Our Latest Report on TWM
Tidewater Midstream and Infrastructure Stock Performance
The company has a current ratio of 1.23, a quick ratio of 0.55 and a debt-to-equity ratio of 183.03. The firm's fifty day moving average price is C$0.17 and its 200 day moving average price is C$0.22. The firm has a market capitalization of C$90.52 million, a PE ratio of -0.25, a PEG ratio of 0.64 and a beta of 1.67.
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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