Tidewater Midstream and Infrastructure (OTCMKTS:TWMIF) Trading Down 1.2% – Here’s What Happened

Tidewater Midstream and Infrastructure Ltd. (OTCMKTS:TWMIF) shares traded down 1.2% on Tuesday . The company traded as low as $3.9199 and last traded at $4.16. 28,050 shares changed hands during trading, a decline of 0% from the average session volume of 28,171 shares. The stock had previously closed at $4.21.

Analyst Upgrades and Downgrades

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

Tidewater Midstream and Infrastructure Stock Performance

The firm’s 50 day simple moving average is $3.70 and its 200 day simple moving average is $3.69.

About Tidewater Midstream and Infrastructure

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.