Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) Insider Acquires C$55,687.50 in Stock

Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) insider Nauman (Nick) Toor purchased 225,000 shares of Tidewater Midstream and Infrastructure stock in a transaction that occurred on Monday, April 7th. The shares were bought at an average cost of C$0.25 per share, with a total value of C$55,687.50.

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

• On Tuesday, January 14th, Nauman (Nick) Toor purchased 84,000 shares of Tidewater Midstream and Infrastructure stock. The shares were bought at an average cost of C$0.16 per share, with a total value of C$13,398.00.

Tidewater Midstream and Infrastructure Price Performance

Shares of TSE TWM opened at C$0.26 on Thursday. The firm has a market cap of C$112.08 million, a P/E ratio of -0.31, a price-to-earnings-growth ratio of 0.64 and a beta of 1.67. 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 1-year low of C$0.11 and a 1-year high of C$0.81. The business’s 50 day moving average is C$0.21 and its 200-day moving average is C$0.20.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on TWM shares. CIBC raised their price objective on Tidewater Midstream and Infrastructure from C$0.30 to C$0.40 and gave the company a “neutral” rating in a research report on Thursday, January 9th. National Bankshares raised their price objective on Tidewater Midstream and Infrastructure from C$0.10 to C$0.15 and gave the company an “underperform” rating in a research report on Monday, March 31st. Finally, Acumen Capital raised their price objective on Tidewater Midstream and Infrastructure from C$0.30 to C$0.35 in a research report on Monday, March 31st. Two research analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. According to data from MarketBeat.com, Tidewater Midstream and Infrastructure currently has an average rating of “Hold” and a consensus price target of C$0.53.

Tidewater Midstream and Infrastructure Company Profile

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.