Tidewater Renewables (TSE:LCFS) Shares Down 2.3% – Should You Sell?

Tidewater Renewables Ltd. (TSE:LCFSGet Free Report)’s stock price traded down 2.3% during mid-day trading on Thursday . The stock traded as low as C$4.17 and last traded at C$4.17. 200 shares were traded during mid-day trading, a decline of 95% from the average session volume of 4,421 shares. The stock had previously closed at C$4.27.

Tidewater Renewables Stock Performance

The company has a debt-to-equity ratio of 114.04, a quick ratio of 0.10 and a current ratio of 1.15. The firm has a 50 day moving average price of C$4.17 and a two-hundred day moving average price of C$3.92. The company has a market capitalization of C$151.85 million, a P/E ratio of 8.69 and a beta of -0.28.

About Tidewater Renewables

(Get Free Report)

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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