Tidewater Midstream and Infrastructure (TSE:TWM) Stock Price Up 2.6% – What’s Next?

Posted by Paula Ricardo on Feb 5th, 2025

Tidewater Midstream and Infrastructure Ltd. (TSE:TWM – Get Free Report) shares were up 2.6% on Tuesday . The company traded as high as C$0.21 and last traded at C$0.20. Approximately 203,164 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 519,855 shares. The stock had previously closed at C$0.20.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on TWM. Scotiabank reduced their price objective on Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a report on Friday, November 15th. Atb Cap Markets downgraded Tidewater Midstream and Infrastructure from a “strong-buy” rating to a “moderate buy” rating in a research note on Friday, November 15th. Finally, CIBC increased 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 note on Thursday, January 9th. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of C$0.66.

Read Our Latest Analysis on TWM

Tidewater Midstream and Infrastructure Trading Up 2.6 %

The firm has a market cap of C$86.02 million, a price-to-earnings ratio of -0.23, a price-to-earnings-growth ratio of 0.64 and a beta of 1.67. The business has a 50 day moving average of C$0.15 and a 200 day moving average of C$0.28. The company has a quick ratio of 0.55, a current ratio of 0.63 and a debt-to-equity ratio of 158.54.

Tidewater Midstream and Infrastructure Company Profile

(Get Free Report)

Tidewater Midstream and Infrastructure Ltd. operates as a diversified midstream and infrastructure company in the United States. The company primarily focuses on natural gas, natural gas liquids (NGLs), crude oil, refined products, and renewable products and services. It also engages in the sale of refined petroleum products, including gasoline, low sulphur diesel, and ancillary products, as well as renewable fuels and natural gas; and gathering, processing, transporting, extraction, and marketing of crude oil, natural gas, and NGLs.