Tidewater Midstream and Infrastructure (TSE:TWM) Trading Up 66.7% – Here’s Why

Posted by Patrick Bannon on Mar 1st, 2025

Tidewater Midstream and Infrastructure Ltd. (TSE:TWM – Get Free Report) shares traded up 66.7% during mid-day trading on Saturday . The company traded as high as C$0.21 and last traded at C$0.20. 6,932,558 shares were traded during trading, an increase of 1,017% from the average session volume of 620,391 shares. The stock had previously closed at C$0.12.

Analyst Ratings Changes

TWM has been the subject of several recent research reports. CIBC boosted their price objective on Tidewater Midstream and Infrastructure from C$0.30 to C$0.40 and gave the company a “neutral” rating in a research report on Thursday, January 9th. Scotiabank reduced their price target on Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a research note on Friday, November 15th. Finally, Atb Cap Markets cut Tidewater Midstream and Infrastructure from a “strong-buy” rating to a “moderate buy” rating in a research note on Friday, November 15th. One investment analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of C$0.66.

Get Our Latest Stock Analysis on TWM

Tidewater Midstream and Infrastructure Stock Up 66.7 %

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 market capitalization of C$86.21 million, a price-to-earnings ratio of -0.24, a price-to-earnings-growth ratio of 0.64 and a beta of 1.67. The business has a fifty day moving average price of C$0.17 and a two-hundred day moving average price of C$0.23.

Tidewater Midstream and Infrastructure Company Profile

(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.