Tidewater Renewables (TSE:LCFS) Stock Price Down 1.2% - Time to Sell?

Key Points

• Tidewater Renewables Ltd. stock fell by 1.2% to C$3.43 during trading, with significant volume decline of 91% from its average session volume.
• The company has a market cap of C$124.89 million and engages in the production of low carbon fuels and carbon capture technologies.
• Key financial metrics include a debt-to-equity ratio of 114.04 and a price-to-earnings ratio of -0.34.

Tidewater Renewables Ltd. (TSE:LCFS - ) traded down 1.2% during trading on Wednesday . The company traded as low as C$3.43 and last traded at C$3.43. 2,321 shares changed hands during trading, a decline of 91% from the average session volume of 27,051 shares. The stock had previously closed at C$3.47.

Tidewater Renewables Stock Down 1.2%

The firm has a market cap of C$124.89 million, a price-to-earnings ratio of -0.34 and a beta of -0.32. The business's 50 day moving average price is C$2.87 and its 200 day moving average price is C$2.62. The company has a debt-to-equity ratio of 114.04, a quick ratio of 0.10 and a current ratio of 1.15.

Tidewater Renewables Company Profile

Tidewater 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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