Tidewater Renewables Ltd. (TSE:LCFS – Get Free Report) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as C$4.95 and last traded at C$5.17, with a volume of 9873 shares traded. The stock had previously closed at C$4.72.
Tidewater Renewables Trading Up 9.5%
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 business’s 50-day moving average price is C$4.26 and its 200 day moving average price is C$4.09. The company has a market cap of C$188.26 million, a P/E ratio of 10.77 and a beta of -0.28.
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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