Nauman (Nick) Toor Acquires 1,300,000 Shares of Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) Stock

Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) insider Nauman (Nick) Toor purchased 1,300,000 shares of the firm’s stock in a transaction on Tuesday, May 13th. The stock was bought at an average price of C$0.21 per share, with a total value of C$270,400.00.

Nauman (Nick) Toor also recently made the following trade(s):

• On Tuesday, April 29th, Nauman (Nick) Toor purchased 151,500 shares of Tidewater Midstream and Infrastructure stock. The stock was bought at an average price of C$0.28 per share, with a total value of C$41,920.05.
• On Monday, April 7th, Nauman (Nick) Toor purchased 225,000 shares of Tidewater Midstream and Infrastructure stock. The stock was bought at an average price of C$0.25 per share, with a total value of C$55,687.50.

Tidewater Midstream and Infrastructure Stock Performance

Shares of TSE TWM opened at C$0.20 on Thursday. The company has a current ratio of 1.23, a quick ratio of 0.55 and a debt-to-equity ratio of 183.03. Tidewater Midstream and Infrastructure Ltd. has a 12 month low of C$0.11 and a 12 month high of C$0.67. The stock has a 50 day moving average of C$0.25 and a 200-day moving average of C$0.20. The company has a market capitalization of C$84.06 million, a P/E ratio of -0.24, a P/E/G ratio of 0.64 and a beta of 1.67.

Analysts Set New Price Targets

A number of research firms have weighed in on TWM. National Bankshares raised their price target on Tidewater Midstream and Infrastructure from C$0.10 to C$0.15 and gave the company an “underperform” rating in a research note on Monday, March 31st. Acumen Capital raised their price target on Tidewater Midstream and Infrastructure from C$0.30 to C$0.35 in a research note on Monday, March 31st. Two investment analysts have rated the stock with a sell rating and two have assigned a hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of C$0.40.

About Tidewater Midstream and Infrastructure

Tidewater Midstream and Infrastructure Ltd is a Canadian company that is engaged in providing midstream infrastructure and a natural gas storage facility. It mainly focuses on the purchase, sale, and transportation of Natural Gas Liquids (NGLs) such as propane and natural gasoline throughout North America and export to premium markets.