Tidewater Midstream and Infrastructure (TSE:TWM) Shares Up 66.7% – What’s Next?

Posted by Linda Flegge on Mar 1st, 2025

Tidewater Midstream and Infrastructure Ltd. (TSE:TWM – Get Free Report) shares shot 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 traded hands 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.

Wall Street Analyst Weigh In

A number of research firms have issued reports on TWM. Scotiabank cut their price objective on shares of Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a report on Friday, November 15th. Atb Cap Markets downgraded shares of Tidewater Midstream and Infrastructure from a “strong-buy” rating to a “moderate buy” rating in a report on Friday, November 15th. Finally, CIBC boosted their price target on shares of Tidewater Midstream and Infrastructure from C$0.30 to C$0.40 and gave the stock a “neutral” rating in a report on Thursday, January 9th. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. According to MarketBeat.com, Tidewater Midstream and Infrastructure currently has an average rating of “Hold” and a consensus target price of C$0.66.

Read Our Latest Stock Report on TWM

Tidewater Midstream and Infrastructure Stock Performance

The stock has a market cap of C$86.21 million, a PE ratio of -0.24, a price-to-earnings-growth ratio of 0.64 and a beta of 1.67. 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 business has a 50 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.