Tidewater Midstream and Infrastructure Ltd. (TSE:TWM - Get Free Report) shares were up 50% during mid-day trading on Friday . The company traded as high as C$0.20 and last traded at C$0.18. Approximately 3,203,071 shares traded hands during trading, an increase of 558% from the average daily volume of 486,436 shares. The stock had previously closed at C$0.12.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on TWM shares. CIBC lifted 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 research report on Thursday, January 9th. Atb Cap Markets downgraded shares of Tidewater Midstream and Infrastructure from a "strong-buy" rating to a "moderate buy" rating in a research note on Friday, November 15th. Finally, Scotiabank decreased their price target on shares of Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a research 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 stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of C$0.66.
Get Our Latest Report on TWM
Tidewater Midstream and Infrastructure Stock Down 10.6 %
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 firm has a market capitalization of C$90.52 million, a PE ratio of -0.25, a P/E/G ratio of 0.64 and a beta of 1.67. The company has a quick ratio of 0.55, a current ratio of 1.23 and a debt-to-equity ratio of 183.03.
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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