Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) Senior Officer Sells C$10,101.60 in Stock

Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) Senior Officer Steven Frank Reisinger sold 67,344 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of C$0.15, for a total transaction of C$10,101.60.

Tidewater Midstream and Infrastructure Trading Down 7.1%

Shares of Tidewater Midstream and Infrastructure stock opened at C$0.20 on Thursday. Tidewater Midstream and Infrastructure Ltd. has a 1 year low of C$0.11 and a 1 year high of C$0.67. The firm has a market cap of C$84.06 million, a PE ratio of -0.24, a PEG 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 company has a 50 day simple moving average of C$0.25 and a two-hundred day simple moving average of C$0.20.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on TWM. Acumen Capital raised their price objective on shares of Tidewater Midstream and Infrastructure from C$0.30 to C$0.35 in a research report on Monday, March 31st. National Bankshares lifted 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 analysts have rated the stock with a sell rating and two have given a hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of C$0.40.

Tidewater Midstream and Infrastructure Company Profile

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.