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

Posted by Joseph Casey on Mar 2nd, 2025

Shares of Tidewater Midstream and Infrastructure Ltd. (TSE:TWM – Get Free Report) shot up 66.7% on Friday . The stock traded as high as C$0.21 and last traded at C$0.20. 6,932,558 shares traded hands during mid-day 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 Upgrades and Downgrades

TWM has been the topic of a number of research reports. CIBC raised their target price 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. Scotiabank lowered their price objective on shares of Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a research report on Friday, November 15th. Finally, Atb Cap Markets cut shares of Tidewater Midstream and Infrastructure from a “strong-buy” rating to a “moderate buy” rating in a report on Friday, November 15th. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating to the company’s stock. According to data from MarketBeat, Tidewater Midstream and Infrastructure has a consensus rating of “Hold” and an average target price of C$0.66.

Check Out Our Latest Research Report on Tidewater Midstream and Infrastructure

Tidewater Midstream and Infrastructure Trading Up 66.7 %

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 stock has a market capitalization 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 business’s 50-day moving average is C$0.17 and its two-hundred day moving average is 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.