Tidewater (TDW) Shares are Down -3.77%

Tidewater (TDW) : During the past 4 weeks, traders have been relatively bearish on Tidewater (TDW), hence the stock is down -8.13% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.36% relative to the S&P 500. The 4-week change in the price of the stock is -1.92% and the stock has fallen -3.77% in the past 1 week.

Tidewater (NYSE:TDW): The stock opened at $4.75 on Friday but the bulls could not build on the opening and the stock topped out at $4.80 for the day. The stock traded down to $4.51 during the day, due to lack of any buying support eventually closed down at $4.59 with a loss of -2.96% for the day. The stock had closed at $4.73 on the previous day. The total traded volume was 1,927,327 shares.


The stock has recorded a 20-day Moving Average of 1.34% and the 50-Day Moving Average is 11.06%. Tidewater Inc. has dropped 46.32% during the last 3-month period . Year-to-Date the stock performance stands at -34.05%.

Tidewater Inc. provides offshore service vessels and marine support services to the global offshore energy industry. The Company operates through four operating segments: Americas, Asia/Pacific, Middle East/North Africa and Sub-Saharan Africa/Europe. The Americas segment includes the activities of its North American operations, which include operations in the United States Gulf of Mexico (GOM), and the United States and Canadian coastal waters of the Pacific and Atlantic oceans, as well as operations in Mexico, Trinidad and Brazil. The Asia/Pacific segment includes its Australian, Southeast Asian and Western Pacific operations. The Middle East/North Africa segment includes its operations in the Mediterranean and Red Seas, the Black Sea, the Arabian Gulf and offshore India. The Sub-Saharan Africa/Europe segment includes operations conducted along the East and West Coasts of Africa, as well as operations in the Caspian Sea, the North Sea, and other arctic and cold water markets.

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