Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) Receives Consensus Rating of “Reduce” from Analysts

Shares of Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) have been given an average recommendation of “Reduce” by the six analysts that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation and five have given a hold recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is C$0.66.

Separately, CIBC increased their price objective on shares of Tidewater Midstream and Infrastructure from C$0.30 to C$0.40 and gave the stock a “neutral” rating in a research report on Thursday, January 9th.

Tidewater Midstream and Infrastructure Price Performance

Shares of TWM opened at C$0.27 on Friday. The company has a debt-to-equity ratio of 183.03, a quick ratio of 0.55 and a current ratio of 1.23. The firm has a market capitalization of C$114.23 million, a PE ratio of -0.32, a P/E/G ratio of 0.64 and a beta of 1.67. The stock has a 50 day simple moving average of C$0.20 and a 200 day simple moving average of C$0.21. Tidewater Midstream and Infrastructure has a 52-week low of C$0.11 and a 52-week high of C$0.86.

Tidewater Midstream and Infrastructure Company Profile

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.