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

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

Tidewater Midstream and Infrastructure Stock Performance

Shares of TSE:TWM traded down C$0.01 during midday trading on Tuesday, reaching 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 debt-to-equity ratio of 158.54, a quick ratio of 0.55 and a current ratio of 0.63. Tidewater Midstream and Infrastructure Ltd. has a one year low of C$0.11 and a one year high of C$1.08. The company has a market cap of C$66.67 million, a price-to-earnings ratio of -0.18, a P/E/G ratio of 0.64 and a beta of 1.67. The stock has a 50 day moving average of C$0.15 and a 200 day moving average of C$0.32.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Atb Cap Markets downgraded Tidewater Midstream and Infrastructure from a “strong-buy” rating to a “moderate buy” rating in a research note on Friday, November 15th. CIBC increased their target price on 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. Finally, Scotiabank lowered their price target on Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a research report on Friday, November 15th. One research analyst has rated the stock with a sell rating and five have issued a hold rating to the company’s stock. Based on data from MarketBeat.com, Tidewater Midstream and Infrastructure has an average rating of “Hold” and an average target price of C$0.66.

Tidewater Midstream and Infrastructure Company Profile

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.