Tidewater Midstream and Infrastructure Ltd. (TSE:TWM - Get Free Report)'s share price was up 47.9% during mid-day trading on Friday . The company traded as high as C$0.20 and last traded at C$0.18. Approximately 2,722,192 shares were traded during trading, an increase of 482% from the average daily volume of 467,351 shares. The stock had previously closed at C$0.12.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on TWM shares. Scotiabank dropped their target price on shares of Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a research report on Friday, November 15th. Atb Cap Markets cut shares of Tidewater Midstream and Infrastructure from a "strong-buy" rating to a "moderate buy" rating in a research report on Friday, November 15th. Finally, CIBC increased 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. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of C$0.66.
View Our Latest Stock Report on TWM
Tidewater Midstream and Infrastructure Stock Performance
The firm's 50-day moving average price is C$0.17 and its 200 day moving average price 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. The company has a market cap of C$94.84 million, a price-to-earnings ratio of -0.27, a PEG ratio of 0.64 and a beta of 1.67.
About Tidewater Midstream and Infrastructure
(
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.
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