Tidewater Midstream and Infrastructure (TSE:TWM) Trading Down 7.4% – Time to Sell?

Tidewater Midstream and Infrastructure Ltd. ( TSE:TWM – Get Free Report ) shares were down 7.4% during trading on Friday .

The company traded as low as C$0.16 and last traded at C$0.16.



Approximately 121,732 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 462,573 shares. The stock had previously closed at C$0.17.

Wall Street Analysts Forecast Growth Several equities research analysts have issued reports on the stock. CIBC cut their price objective on shares of Tidewater Midstream and Infrastructure from C$0.40 to C$0.

30 in a research 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, Scotiabank lowered their price objective on Tidewater Midstream and Infrastructure from C$0.

45 to C$0.30 in a research report on Friday, November 15th. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock.

According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of C$0.64. Get Our Latest Stock Analysis on TWM Tidewater Midstream and Infrastructure Stock Down 11.

8 % 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. See Also Receive News & Ratings for Tidewater Midstream and Infrastructure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tidewater Midstream and Infrastructure and related companies with MarketBeat.com's FREE daily email newsletter .

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