Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) Insider Nauman (Nick) Toor Buys 84,000 Shares

Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) insider Nauman (Nick) Toor acquired 84,000 shares of Tidewater Midstream and Infrastructure stock in a transaction dated Tuesday, January 14th. The shares were bought at an average cost of C$0.16 per share, for a total transaction of C$13,398.00.

Tidewater Midstream and Infrastructure Trading Down 3.1 %

Shares of TWM traded down C$0.01 during mid-day trading on Tuesday, hitting C$0.16. 36,933 shares of the company’s stock traded hands, compared to its average volume of 541,699. The company has a quick ratio of 0.55, a current ratio of 0.63 and a debt-to-equity ratio of 158.54. The firm has a market capitalization of C$66.67 million, a P/E ratio of -0.18, a PEG ratio of 0.64 and a beta of 1.67. The business’s 50-day moving average price is C$0.15 and its 200-day moving average price is C$0.32. Tidewater Midstream and Infrastructure Ltd. has a 1 year low of C$0.11 and a 1 year high of C$1.08.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Atb Cap Markets cut Tidewater Midstream and Infrastructure from a “strong-buy” rating to a “moderate buy” rating in a report on Friday, November 15th. Scotiabank cut their target price on shares of Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a report on Friday, November 15th. Finally, CIBC lifted their target price on shares of Tidewater Midstream and Infrastructure from C$0.30 to C$0.40 and gave the stock a “neutral” rating in a research note on Thursday, January 9th. One analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. According to MarketBeat.com, Tidewater Midstream and Infrastructure has an average rating of “Hold” and an average price target of C$0.66.

About Tidewater Midstream and Infrastructure

Tidewater Midstream and Infrastructure Ltd. operates as a diversified midstream and infrastructure company in the United States. The company primarily focuses on natural gas, natural gas liquids (NGLs), crude oil, refined products, and renewable products and services. It also engages in the sale of refined petroleum products, including gasoline, low sulphur diesel, and ancillary products, as well as renewable fuels and natural gas; and gathering, processing, transporting, extraction, and marketing of crude oil, natural gas, and NGLs.