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

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

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

• On Tuesday, January 14th, Nauman (Nick) Toor acquired 84,000 shares of Tidewater Midstream and Infrastructure stock. The shares were purchased 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 TWM opened at C$0.26 on Wednesday. Tidewater Midstream and Infrastructure Ltd. has a twelve month low of C$0.11 and a twelve month high of C$0.82. The company has a market capitalization of C$109.92 million, a P/E ratio of -0.31, a price-to-earnings-growth ratio of 0.64 and a beta of 1.67. The firm has a 50 day moving average of C$0.21 and a 200 day moving average of C$0.21. The company has a quick ratio of 0.55, a current ratio of 1.23 and a debt-to-equity ratio of 183.03.

Analyst Ratings Changes

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

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.