Tidewater Renewables Ltd. (TSE:LCFS - Get Free Report)'s share price was down 3.8% during trading on Friday . The stock traded as low as C$2.53 and last traded at C$2.55. Approximately 2,201 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 34,853 shares. The stock had previously closed at C$2.65.
Analyst Ratings Changes
Several equities research analysts have commented on LCFS shares. Acumen Capital boosted their target price on Tidewater Renewables from C$2.25 to C$3.50 and gave the stock a "hold" rating in a report on Friday, March 28th. CIBC boosted their target price on Tidewater Renewables from C$3.00 to C$3.25 and gave the stock a "neutral" rating in a report on Friday, March 28th. Finally, ATB Capital boosted their target price on Tidewater Renewables from C$3.00 to C$4.00 and gave the stock a "speculative buy" rating in a report on Friday, March 28th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, Tidewater Renewables presently has a consensus rating of "Hold" and a consensus target price of C$3.95.
Read Our Latest Analysis on LCFS
Tidewater Renewables Stock Down 3.8%
The company has a quick ratio of 0.10, a current ratio of 1.15 and a debt-to-equity ratio of 114.04. The company has a market cap of C$88.79 million, a P/E ratio of -0.23 and a beta of 1.36. The company has a fifty day moving average of C$2.68 and a 200 day moving average of C$1.93.
About Tidewater Renewables
(
Get Free Report)
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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