Tidewater Midstream and Infrastructure (OTCMKTS:TWMIF) Shares Down 6.1% – Here’s What Happened

Shares of Tidewater Midstream and Infrastructure Ltd. (OTCMKTS:TWMIF) fell 6.1% on Friday . The stock traded as low as $3.8280 and last traded at $3.92. 24,300 shares traded hands during trading, an increase of 99% from the average session volume of 12,241 shares. The stock had previously closed at $4.1725.

Analysts Set New Price Targets

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

Tidewater Midstream and Infrastructure Price Performance

The firm has a 50-day moving average of $4.15 and a 200-day moving average of $3.49.

Tidewater Midstream and Infrastructure Company Profile

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.