Tidewater Midstream and Infrastructure Ltd. (TSE:TWM - Get Free Report)'s share price traded up 66.7% during trading on Saturday . The stock traded as high as C$0.21 and last traded at C$0.20. 6,932,558 shares were traded during mid-day trading, an increase of 1,017% from the average session volume of 620,391 shares. The stock had previously closed at C$0.12.
Analyst Ratings Changes
Several analysts have recently weighed in on TWM shares. Scotiabank decreased their price objective on Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a report on Friday, November 15th. CIBC boosted 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 report on Thursday, January 9th. Finally, Atb Cap Markets cut 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 issued a hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of C$0.66.
Read Our Latest Stock Report on Tidewater Midstream and Infrastructure
Tidewater Midstream and Infrastructure Trading Down 4.5 %
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 company has a 50 day moving average of C$0.17 and a 200 day moving average of C$0.22. The firm has a market cap of C$90.52 million, a price-to-earnings ratio of -0.25, a price-to-earnings-growth ratio of 0.64 and a beta of 1.67.
About Tidewater Midstream and Infrastructure
(
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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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