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Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) Given Average Recommendation of "Reduce" by Brokerages

Tidewater Midstream and Infrastructure logo with Energy background

Shares of Tidewater Midstream and Infrastructure Ltd. (TSE:TWM - Get Free Report) have been given an average rating of "Reduce" by the five research firms that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation and three have issued a hold recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is C$0.47.

A number of research firms recently commented on TWM. CIBC lifted their price target on shares of Tidewater Midstream and Infrastructure from C$0.30 to C$0.40 and gave the stock a "neutral" rating in a research note on Thursday, January 9th. National Bankshares upped their target price on Tidewater Midstream and Infrastructure from C$0.10 to C$0.15 and gave the company an "underperform" rating in a research note on Monday, March 31st. Finally, Acumen Capital raised their price target on Tidewater Midstream and Infrastructure from C$0.30 to C$0.35 in a research note on Monday, March 31st.

Read Our Latest Report on TWM

Insider Activity at Tidewater Midstream and Infrastructure

In related news, insider Nauman (Nick) Toor purchased 225,000 shares of Tidewater Midstream and Infrastructure stock in a transaction dated Monday, April 7th. The stock was purchased at an average cost of C$0.25 per share, with a total value of C$55,687.50. 4.44% of the stock is owned by company insiders.

Tidewater Midstream and Infrastructure Trading Up 1.9 %

TWM traded up C$0.01 during trading on Thursday, reaching C$0.28. The company had a trading volume of 190,736 shares, compared to its average volume of 559,510. 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 business has a 50 day simple moving average of C$0.23 and a 200-day simple moving average of C$0.20. The stock has a market cap of C$118.54 million, a P/E ratio of -0.33, a PEG ratio of 0.64 and a beta of 1.67. Tidewater Midstream and Infrastructure has a 52 week low of C$0.11 and a 52 week high of C$0.75.

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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Analyst Recommendations for Tidewater Midstream and Infrastructure (TSE:TWM)

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