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

Westshore Terminals Investment Co. (TSE:WTE) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$23.52 and traded as low as C$23.16. Westshore Terminals Investment shares last traded at C$23.45, with a volume of 57,471 shares traded.

Westshore Terminals Investment Stock Performance

The company’s 50-day moving average price is C$23.78 and its 200 day moving average price is C$23.52. The stock has a market capitalization of C$1.45 billion, a PE ratio of 13.96 and a beta of 0.86. The company has a debt-to-equity ratio of 62.89, a quick ratio of 2.07 and a current ratio of 1.13.

Westshore Terminals Investment (TSE:WTE) last posted its quarterly earnings data on Tuesday, November 5th. The company reported C$0.55 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 business had revenue of C$103.50 million for the quarter. On average, equities research analysts expect that Westshore Terminals Investment Co. will post 1.5632706 earnings per share for the current fiscal year.

Westshore Terminals Investment Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a $0.375 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $1.50 annualized dividend and a yield of 6.40%. Westshore Terminals Investment’s payout ratio is 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.