Tidewater Midstream and Infrastructure Ltd. (TSE:TWM - Get Free Report) shares fell 26.3% during trading on Friday . The company traded as low as C$0.17 and last traded at C$0.21. 4,274,284 shares changed hands during trading, an increase of 638% from the average session volume of 579,022 shares. The stock had previously closed at C$0.29.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on the company. Acumen Capital lifted their target price on Tidewater Midstream and Infrastructure from C$0.30 to C$0.35 in a report on Monday, March 31st. National Bankshares raised their target price on shares of 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. Two research analysts have rated the stock with a sell rating and two have given a hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of C$0.40.
Get Our Latest Stock Report on TWM
Tidewater Midstream and Infrastructure Stock Down 2.4%
The company has a market capitalization of C$88.37 million, a price-to-earnings ratio of -0.25, a P/E/G ratio of 0.64 and a beta of 1.67. The company has a debt-to-equity ratio of 183.03, a current ratio of 1.23 and a quick ratio of 0.55. The firm's fifty day moving average price is C$0.25 and its 200-day moving average price is C$0.20.
Insider Buying and Selling
In other news, insider Nauman (Nick) Toor acquired 1,300,000 shares of the firm's stock in a transaction on Tuesday, May 13th. The stock was purchased at an average price of C$0.21 per share, for a total transaction of C$270,400.00. Insiders have acquired a total of 1,676,500 shares of company stock worth $368,008 in the last ninety days. Company insiders own 4.44% of the company's stock.
About Tidewater Midstream and Infrastructure
(
Get Free Report)
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.
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