Tidewater Renewables Ltd. (TSE:LCFS – Get Free Report) shares fell 0.7% during mid-day trading on Wednesday . The company traded as low as C$4.25 and last traded at C$4.30. 3,225 shares were traded during trading, a decline of 48% from the average session volume of 6,172 shares. The stock had previously closed at C$4.33.
Tidewater Renewables Stock Down 0.7%
The firm’s 50-day moving average price is C$4.12 and its 200-day moving average price is C$3.74. The company has a debt-to-equity ratio of 114.04, a current ratio of 1.15 and a quick ratio of 0.10. The company has a market cap of C$156.58 million, a price-to-earnings ratio of 8.96 and a beta of -0.32.
About Tidewater Renewables
Tidewater Renewables is a multi-faceted, energy transition company. The Corporation is focused on the production of low carbon fuels, including renewable diesel and sustainable aviation fuel. The Corporation was created in response to the growing demand for renewable fuels in North America and to capitalize on its potential to efficiently turn a wide variety of renewable feedstocks (such as canola oil, soybean oil, used cooking oil, distillers corn oil, tallow, and other biomasses) into low carbon fuels.
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