Westshore Terminals Investment (TSE:WTE) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Westshore Terminals Investment Co. (TSE:WTE)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$23.69 and traded as high as C$24.30. Westshore Terminals Investment shares last traded at C$23.81, with a volume of 72,520 shares trading hands.

Westshore Terminals Investment Price Performance

The stock has a market capitalization of C$1.45 billion, a PE ratio of 14.07 and a beta of 0.86. The company has a debt-to-equity ratio of 62.89, a current ratio of 1.13 and a quick ratio of 2.07. The stock’s fifty day moving average is C$23.88 and its 200-day moving average is C$23.69.

Westshore Terminals Investment (TSE:WTE) last announced its quarterly earnings results on Tuesday, August 6th. The company reported C$0.56 earnings per share for the quarter. Westshore Terminals Investment had a return on equity of 14.82% and a net margin of 27.78%. The firm had revenue of C$105.62 million during the quarter. As a group, equities analysts predict that Westshore Terminals Investment Co. will post 1.5632706 earnings per share for the current fiscal year.

Westshore Terminals Investment Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were issued a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of ∞. The ex-dividend date of this dividend was Monday, September 30th. Westshore Terminals Investment’s payout ratio is presently 89.29%.

Westshore Terminals Investment Company Profile

Westshore Terminals Investment Corporation operates a coal storage and unloading/loading terminal at Roberts Bank, British Columbia. The company has contracts to ship coal from mines in British Columbia, Alberta, and the United States. Westshore Terminals Investment Corporation was founded in 1970 and is headquartered in Vancouver, Canada.