Tidewater Midstream and Infrastructure Ltd. (TSE:TWM - Get Free Report)'s share price was up 41.7% during trading on Friday . The stock traded as high as C$0.20 and last traded at C$0.17. Approximately 2,002,192 shares traded hands during trading, an increase of 328% from the average daily volume of 467,351 shares. The stock had previously closed at C$0.12.
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on TWM shares. CIBC increased their price objective on 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. Atb Cap Markets cut Tidewater Midstream and Infrastructure from a "strong-buy" rating to a "moderate buy" rating in a report on Friday, November 15th. Finally, Scotiabank dropped 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 given a hold rating to the company's stock. According to data from MarketBeat.com, Tidewater Midstream and Infrastructure has a consensus rating of "Hold" and a consensus target price of C$0.66.
View Our Latest Report on Tidewater Midstream and Infrastructure
Tidewater Midstream and Infrastructure Trading Down 6.4 %
The firm has a market cap of C$94.84 million, a PE ratio of -0.27, a PEG ratio of 0.64 and a beta of 1.67. The firm has a fifty day simple moving average of C$0.17 and a two-hundred day simple moving average of C$0.22. The company has a current ratio of 1.23, a quick ratio of 0.55 and a debt-to-equity ratio of 183.03.
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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