Tidewater Midstream and Infrastructure Ltd. (TSE:TWM - Get Free Report) was up 0.7% during trading on Tuesday . The company traded as high as C$6.22 and last traded at C$6.18. Approximately 19,750 shares traded hands during trading, a decline of 15% from the average daily volume of 23,323 shares. The stock had previously closed at C$6.14.
Analyst Ratings Changes
Separately, Scotiabank raised their price target on shares of Tidewater Midstream and Infrastructure from C$0.30 to C$6.00 and gave the company a "sector perform" rating in a research report on Wednesday, September 3rd. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Reduce" and an average target price of C$6.00.
Read Our Latest Stock Report on Tidewater Midstream and Infrastructure
Tidewater Midstream and Infrastructure Stock Performance
The company has a debt-to-equity ratio of 183.03, a current ratio of 1.23 and a quick ratio of 0.55. The firm has a fifty day simple moving average of C$4.97 and a 200 day simple moving average of C$4.72. The company has a market capitalization of C$133.46 million, a price-to-earnings ratio of -2.38, a price-to-earnings-growth ratio of 0.64 and a beta of -0.10.
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
