Shares of Tidewater Midstream and Infrastructure Ltd. (TSE:TWM - Get Free Report) rose 66.7% during trading on Saturday . The company 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
TWM has been the topic of several recent research reports. CIBC boosted their target price on 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 lowered their price target on Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a report on Friday, November 15th. Finally, Atb Cap Markets lowered shares of Tidewater Midstream and Infrastructure from a "strong-buy" rating to a "moderate buy" rating in a report on Friday, November 15th. One research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. Based on data from MarketBeat.com, Tidewater Midstream and Infrastructure presently has a consensus rating of "Hold" and a consensus target price of C$0.66.
Check Out Our Latest Research Report on Tidewater Midstream and Infrastructure
Tidewater Midstream and Infrastructure Stock Down 4.5 %
The company has a market capitalization of C$90.52 million, a PE 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 has a fifty day moving average of C$0.17 and a 200 day moving average of C$0.22.
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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