Tidewater Midstream and Infrastructure (OTCMKTS:TWMIF) Trading 1% Higher – Here’s Why

Tidewater Midstream and Infrastructure Ltd. (OTCMKTS:TWMIF)’s share price traded up 1% during mid-day trading on Monday . The stock traded as high as $3.5820 and last traded at $3.50. Approximately 73,149 shares traded hands during trading, an increase of 478% from the average session volume of 12,647 shares. The stock had previously closed at $3.4640.

Wall Street Analyst Weigh In

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

Tidewater Midstream and Infrastructure Stock Performance

The firm has a 50 day moving average of $3.97 and a 200 day moving average of $3.52.

About Tidewater Midstream and Infrastructure

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.