Shares of Tidewater Midstream and Infrastructure Ltd. (TSE:TWM - Get Free Report) shot up 66.7% on Friday . The company traded as high as C$0.21 and last traded at C$0.20. 6,804,020 shares were traded during mid-day trading, an increase of 1,017% from the average session volume of 609,257 shares. The stock had previously closed at C$0.12.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on the stock. Scotiabank decreased their price objective on shares of Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a research report on Friday, November 15th. CIBC lifted 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 research report on Thursday, January 9th. Finally, Atb Cap Markets lowered shares of Tidewater Midstream and Infrastructure from a "strong-buy" rating to a "moderate buy" rating in a research report 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 MarketBeat.com, Tidewater Midstream and Infrastructure has an average rating of "Hold" and a consensus price target of C$0.66.
Get Our Latest Report on Tidewater Midstream and Infrastructure
Tidewater Midstream and Infrastructure Stock Performance
The company has a market capitalization of C$94.84 million, a PE ratio of -0.27, a price-to-earnings-growth ratio of 0.64 and a beta of 1.67. The stock's fifty day simple moving average is C$0.17 and its 200-day simple moving average 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.
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.
Featured Articles
Before you consider Tidewater Midstream and Infrastructure, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tidewater Midstream and Infrastructure wasn't on the list.
While Tidewater Midstream and Infrastructure currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
