Erratic Trading Showing Unusual Volume in Shares of Tidewater Inc. (NYSE:TDW)

Shares of Tidewater Inc. (NYSE:TDW) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $29.23 at the time of writing.  The day’s total volume of 1827189 this morning is in contrast from the three-month daily average of 109.06K.  When we divide the current volume by the three-month average volume, we get a relative volume of 16.75.

Tidewater Inc. (NYSE:TDW)‘s market cap, the total dollar value of all of their outstanding shares, is 873.68m.  Including today’s unusual volume, Tidewater Inc.‘s stock is performing at -72.71% on the year.  For the week, the stock is performing 0.97%.  Over the past month the firm’s stock is 22.30%, -2.58% for the last quarter, -2.00% for the past six-months and -71.63% for the last year.

Current levels places Tidewater Inc. (NYSE:TDW)’s stock about -11.38% from the 50-day high and 43.50% away from the 50-day low.  

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