Tidewater Midstream and Infrastructure Ltd. (TSE:TWM - Get Free Report) fell 3.8% during trading on Friday . The stock traded as low as C$0.13 and last traded at C$0.13. 201,074 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 1,001,040 shares. The stock had previously closed at C$0.13.
Analyst Ratings Changes
Several equities research analysts have recently commented on the stock. CIBC dropped their target price on shares of Tidewater Midstream and Infrastructure from C$0.40 to C$0.30 in a research report 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 report on Friday, November 15th. Finally, Scotiabank decreased their target price on Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a research report on Friday, November 15th. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of C$0.64.
Get Our Latest Research Report on TWM
Tidewater Midstream and Infrastructure Stock Performance
The firm's 50 day moving average price is C$0.19 and its 200-day moving average price is C$0.36. The company has a debt-to-equity ratio of 158.54, a current ratio of 0.63 and a quick ratio of 0.55. The stock has a market cap of C$55.91 million, a P/E ratio of -0.15, a P/E/G ratio of 0.64 and a beta of 1.67.
About Tidewater Midstream and Infrastructure
(
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Tidewater Midstream and Infrastructure Ltd. operates as a diversified midstream and infrastructure company in the United States. The company primarily focuses on natural gas, natural gas liquids (NGLs), crude oil, refined products, and renewable products and services. It also engages in the sale of refined petroleum products, including gasoline, low sulphur diesel, and ancillary products, as well as renewable fuels and natural gas; and gathering, processing, transporting, extraction, and marketing of crude oil, natural gas, and NGLs.
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