Tidewater Renewables Ltd. (TSE:LCFS - Get Free Report) has earned an average recommendation of "Hold" from the six ratings firms that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is C$5.75.
A number of equities research analysts have weighed in on the company. Royal Bank of Canada raised their price objective on Tidewater Renewables from C$5.00 to C$5.50 and gave the company a "sector perform" rating in a research note on Monday, January 13th. ATB Capital decreased their price target on shares of Tidewater Renewables from C$5.00 to C$3.00 and set a "speculative buy" rating for the company in a research report on Friday, November 15th.
Read Our Latest Report on Tidewater Renewables
Tidewater Renewables Stock Up 22.9 %
TSE:LCFS traded up C$0.53 on Tuesday, reaching C$2.84. The stock had a trading volume of 116,656 shares, compared to its average volume of 59,773. Tidewater Renewables has a 12-month low of C$0.58 and a 12-month high of C$9.00. The stock has a market cap of C$98.88 million, a P/E ratio of -0.26 and a beta of 1.36. The company has a current ratio of 1.15, a quick ratio of 0.10 and a debt-to-equity ratio of 114.04. The company has a 50-day moving average of C$0.88 and a 200 day moving average of C$1.44.
About Tidewater Renewables
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Get Free ReportTidewater Renewables Ltd has been formed to become a multi-faceted, energy transition company. It is focused on the production of low carbon fuels, including renewable diesel, renewable hydrogen and renewable natural gas, as well as carbon capture. The corporation generates revenue from the sale of renewable products.
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