Tidewater Midstream and Infrastructure Ltd. (TSE:TWM - Get Free Report) was up 66.7% during trading on Saturday . The stock traded as high as C$0.21 and last traded at C$0.20. Approximately 6,932,558 shares were traded during mid-day trading, an increase of 1,017% from the average daily volume of 620,391 shares. The stock had previously closed at C$0.12.
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on TWM. CIBC boosted 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 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. Finally, 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. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of C$0.66.
Read Our Latest Stock Analysis on TWM
Tidewater Midstream and Infrastructure Trading Down 4.5 %
The company 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. 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 business's 50 day moving average price is C$0.17 and its 200-day moving average price is C$0.22.
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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