Tidewater Inc. (NYSE:TDW) traded at a new 52-week high today of $21.36. Approximately 84,000 shares have changed hands today, as compared to an average 30-day volume of 418,000 shares.
In the past 52 weeks, shares of Tidewater Inc. have traded between a low of $9.75 and a high of $21.36 and is now at $21.30, which is 119% above that low price.
Tidewater Inc. (NYSE:TDW) is currently priced 3.9% above its average consensus analyst price target of $20.47.
Tidewater Inc provides offshore service vessels and marine support services to the global offshore energy industry through the operation of a diversified fleet of marine service vessels. The company’s vessels and associated vessel services provide support for all phases of offshore exploration, field development, and production. These services include towing of, and anchor handling for, mobile offshore drilling units; transporting supplies and remotely operated vehicle operations and a variety of specialized services. The company operates in the following principal geographical areas are the Americas, the Middle East/Asia Pacific, Europe/Mediterranean Sea and West Africa. The majority of its revenue is derived from the Americas.
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