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

Posted by Doug Madison on Dec 21st, 2024

Shares of Westshore Terminals Investment Co. (TSE:WTE – Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$23.37 and traded as low as C$22.23. Westshore Terminals Investment shares last traded at C$22.39, with a volume of 75,514 shares trading hands.

Westshore Terminals Investment Stock Up 1.2 %

The business’s 50 day simple moving average is C$23.58 and its 200 day simple moving average is C$23.37. The company has a current ratio of 1.13, a quick ratio of 2.07 and a debt-to-equity ratio of 62.89. The firm has a market capitalization of C$1.40 billion, a PE ratio of 13.48 and a beta of 0.86.

Westshore Terminals Investment (TSE:WTE – Get Free Report) last released 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 company had revenue of C$103.50 million during the quarter. On average, equities research analysts forecast that Westshore Terminals Investment Co. will post 1.5632706 earnings per share for the current year.

Westshore Terminals Investment Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 6.62%. The ex-dividend date is Tuesday, December 31st. Westshore Terminals Investment’s dividend payout ratio is currently 89.29%.

About Westshore Terminals Investment

(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.