Westshore Terminals Investment (TSE:WTE) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Posted by ABMN Staff on Jan 28th, 2025

Westshore Terminals Investment Co. (TSE:WTE – Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$23.38 and traded as high as C$23.98. Westshore Terminals Investment shares last traded at C$23.80, with a volume of 58,117 shares.

Westshore Terminals Investment Price Performance

The business’s 50 day simple moving average is C$23.07 and its 200-day simple moving average is C$23.38. The stock has a market capitalization of C$1.47 billion, a price-to-earnings ratio of 14.17 and a beta of 0.86. The company has a quick ratio of 2.07, a current ratio of 1.13 and a debt-to-equity ratio of 62.89.

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

Westshore Terminals Investment Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.375 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.50 dividend on an annualized basis and a dividend yield of 6.30%. Westshore Terminals Investment’s dividend payout ratio (DPR) is currently 89.29%.

Westshore Terminals Investment Company Profile

(Get Free Report)

Westshore Terminals Investment Corporation is a Canada-based company, which owns the Westshore Terminals Limited Partnership. The company operates a coal storage and loading terminal at Roberts Bank, British Columbia, and revenue is derived from rates charged for loading coal onto seagoing vessels. The company services coal from mines in British Columbia, Alberta, and the northwestern United States.