Tidewater Midstream and Infrastructure (OTCMKTS:TWMIF) Stock Price Up 0.6% – What’s Next?

Tidewater Midstream and Infrastructure Ltd. (OTCMKTS:TWMIF) shares shot up 0.6% during trading on Tuesday . The company traded as high as $3.54 and last traded at $3.54. 78,600 shares traded hands during mid-day trading, an increase of 458% from the average session volume of 14,083 shares. The stock had previously closed at $3.52.

Analyst Ratings Changes

Separately, Scotiabank restated a “sector perform” rating on shares of Tidewater Midstream and Infrastructure in a research note on Monday, October 20th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Tidewater Midstream and Infrastructure Trading Up 0.6%

The firm has a fifty day simple moving average of $3.75 and a 200-day simple moving average of $3.60.

Tidewater Midstream and Infrastructure Company Profile

Tidewater Midstream and Infrastructure Ltd., trading OTCMKTS under the symbol TWMIF, is a Calgary-based energy infrastructure company specializing in midstream services. The company owns and operates a network of natural gas gathering systems, processing plants and liquids handling facilities. Its core activities include the processing of raw natural gas into marketable products, the transportation of natural gas liquids (NGLs) and condensate, and the storage and marketing of hydrocarbon products.

Operating primarily in the Western Canadian Sedimentary Basin, Tidewater Midstream serves oil and gas producers across Alberta and Saskatchewan.