Tidewater Renewables (TSE:LCFS) Trading 0.2% Higher – What’s Next?

Shares of Tidewater Renewables Ltd. (TSE:LCFSGet Free Report) rose 0.2% on Wednesday . The company traded as high as C$4.07 and last traded at C$4.06. Approximately 6,600 shares traded hands during trading, a decline of 69% from the average daily volume of 21,271 shares. The stock had previously closed at C$4.05.

Tidewater Renewables Stock Performance

The firm has a fifty day simple moving average of C$4.07 and a 200 day simple moving average of C$3.57. The company has a current ratio of 1.15, a quick ratio of 0.10 and a debt-to-equity ratio of 114.04. The stock has a market cap of C$147.84 million, a price-to-earnings ratio of 8.46 and a beta of -0.22.

About Tidewater Renewables

(Get Free Report)

Tidewater Renewables Ltd has been formed to become a multi-faceted, energy transition company. It is focused on the production of low carbon fuels, including renewable diesel, renewable hydrogen and renewable natural gas, as well as carbon capture. The corporation generates revenue from the sale of renewable products.

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