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 purchased 84,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 14th. The shares were purchased at an average price of C$0.16 per share, for a total transaction of C$13,398.00.

Tidewater Midstream and Infrastructure Trading Up 3.1 %

Shares of Tidewater Midstream and Infrastructure stock opened at C$0.17 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.55 and a debt-to-equity ratio of 158.54. Tidewater Midstream and Infrastructure Ltd. has a twelve month low of C$0.11 and a twelve month high of C$1.08. The firm has a market capitalization of C$70.97 million, a PE ratio of -0.19, a P/E/G ratio of 0.64 and a beta of 1.67. The firm’s 50-day moving average price is C$0.15 and its 200 day moving average price is C$0.31.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Atb Cap Markets cut Tidewater Midstream and Infrastructure from a “strong-buy” rating to a “moderate buy” rating in a research report on Friday, November 15th. 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 report on Thursday, January 9th. Finally, Scotiabank cut their price objective on Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a research report on Friday, November 15th. One investment analyst has rated the stock with a sell rating and five have given a hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price 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.