Tidewater Midstream and Infrastructure (OTCMKTS:TWMIF) Trading Down 0.6% – Should You Sell?

Tidewater Midstream and Infrastructure Ltd. (OTCMKTS:TWMIF) was down 0.6% during mid-day trading on Wednesday . The company traded as low as $4.36 and last traded at $4.36. Approximately 19,900 shares changed hands during mid-day trading, a decline of 4% from the average daily volume of 20,811 shares. The stock had previously closed at $4.3880.

Analyst Ratings Changes

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

Tidewater Midstream and Infrastructure Stock Down 0.6%

The company has a fifty day moving average of $3.91 and a two-hundred day moving average of $3.81.

Tidewater Midstream and Infrastructure Company Profile

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.