Tidewater Midstream and Infrastructure (TSE:TWM) Trading 1.1% Higher – Still a Buy?

Tidewater Midstream and Infrastructure Ltd. (TSE:TWM)’s share price was up 1.1% during trading on Monday . The stock traded as high as C$8.18 and last traded at C$8.05. Approximately 11,169 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 21,921 shares. The stock had previously closed at C$7.96.

Tidewater Midstream and Infrastructure Stock Up 1.1%

The company has a quick ratio of 0.55, a current ratio of 0.65 and a debt-to-equity ratio of 192.11. The stock has a 50-day simple moving average of C$6.72 and a 200-day simple moving average of C$5.91. The firm has a market capitalization of C$173.85 million, a PE ratio of -2.05, a P/E/G ratio of 0.64 and a beta of 0.19.

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. The business activities of the company include gathering, processing, and transportation relates to raw gas gathering systems, processing plants and pipelines, NGL marketing and Extraction, refined products, and other activities.