Tidewater Midstream and Infrastructure Ltd. (TSE:TWM - Get Free Report) shares were up 66.7% during mid-day trading on Saturday . The stock traded as high as C$0.21 and last traded at C$0.20. Approximately 6,932,558 shares changed hands during 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 Analyst Weigh In
A number of equities analysts have commented on the stock. Atb Cap Markets downgraded shares of Tidewater Midstream and Infrastructure from a "strong-buy" rating to a "moderate buy" rating in a report on Friday, November 15th. CIBC boosted their price objective on shares of Tidewater Midstream and Infrastructure from C$0.30 to C$0.40 and gave the company a "neutral" rating in a research report on Thursday, January 9th. Finally, Scotiabank dropped their price objective on shares of Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a research note on Friday, November 15th. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the company's stock. According to MarketBeat.com, Tidewater Midstream and Infrastructure presently has a consensus rating of "Hold" and an average target price of C$0.66.
Read Our Latest Stock Analysis on Tidewater Midstream and Infrastructure
Tidewater Midstream and Infrastructure Price Performance
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 stock has a market capitalization 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. The business's 50 day simple moving average is C$0.17 and its 200-day simple moving average is C$0.22.
Tidewater Midstream and Infrastructure Company Profile
(
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.
Read More
Before you consider Tidewater Midstream and Infrastructure, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tidewater Midstream and Infrastructure wasn't on the list.
While Tidewater Midstream and Infrastructure currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
