Westshore Terminals Investment (TSE:WTE) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

Posted by Lauren Steadman on Dec 29th, 2024

Westshore Terminals Investment Co. (TSE:WTE – Get Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$23.38 and traded as low as C$22.93. Westshore Terminals Investment shares last traded at C$23.05, with a volume of 44,670 shares traded.

Westshore Terminals Investment Price Performance

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 company’s 50 day moving average is C$23.48 and its 200 day moving average is C$23.38. The stock has a market cap of C$1.42 billion, a price-to-earnings ratio of 13.72 and a beta of 0.86.

Westshore Terminals Investment (TSE:WTE – Get Free Report) last announced its quarterly earnings results on Tuesday, November 5th. The company reported C$0.55 EPS for the quarter. Westshore Terminals Investment had a return on equity of 14.82% and a net margin of 27.78%. The business had revenue of C$103.50 million for the quarter. Research analysts forecast that Westshore Terminals Investment Co. will post 1.5632706 earnings per share for the current fiscal year.

Westshore Terminals Investment Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 6.51%. The ex-dividend date is Tuesday, December 31st. Westshore Terminals Investment’s dividend payout ratio (DPR) is presently 89.29%.

Westshore Terminals Investment Company Profile

(Get Free Report)

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.