Tidewater Midstream and Infrastructure (TSE:TWM) Trading Down 26.3% – Time to Sell?

Posted by James Quigley on May 9th, 2025

Tidewater Midstream and Infrastructure Ltd. (TSE:TWM – Get Free Report) shares were down 26.3% on Friday . The company traded as low as C$0.17 and last traded at C$0.21. Approximately 4,274,284 shares changed hands during mid-day trading, an increase of 638% from the average daily volume of 579,022 shares. The stock had previously closed at C$0.29.

Analyst Ratings Changes

Several brokerages have recently commented on TWM. CIBC raised their price objective on shares of Tidewater Midstream and Infrastructure from C$0.30 to C$0.40 and gave the company a “neutral” rating in a research report on Thursday, January 9th. National Bankshares raised their price target on Tidewater Midstream and Infrastructure from C$0.10 to C$0.15 and gave the company an “underperform” rating in a report on Monday, March 31st. Finally, Acumen Capital upped their price objective on Tidewater Midstream and Infrastructure from C$0.30 to C$0.35 in a research note on Monday, March 31st. Two research analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of C$0.47.

Check Out Our Latest Stock Report on Tidewater Midstream and Infrastructure

Tidewater Midstream and Infrastructure Stock Down 26.3 %

The company has a market capitalization of C$90.52 million, a PE ratio of -0.25, a PEG ratio of 0.64 and a beta of 1.67. The company has a quick ratio of 0.55, a current ratio of 1.23 and a debt-to-equity ratio of 183.03. The company’s 50 day moving average is C$0.25 and its two-hundred day moving average is C$0.20.

Insider Activity

In other news, insider Nauman (Nick) Toor acquired 151,500 shares of the firm’s stock in a transaction dated Tuesday, April 29th. The shares were acquired at an average cost of C$0.28 per share, with a total value of C$41,920.05. 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.