Westshore Terminals Investment (TSE:WTE) Stock Crosses Below 200 Day Moving Average – What’s Next?

Shares of Westshore Terminals Investment Co. (TSE:WTE) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$26.24 and traded as low as C$25.55. Westshore Terminals Investment shares last traded at C$26.04, with a volume of 87,551 shares traded.

Westshore Terminals Investment Stock Down 1.8%

The company has a debt-to-equity ratio of 62.46, a current ratio of 1.08 and a quick ratio of 2.07. The stock has a market capitalization of C$1.61 billion, a PE ratio of 19.73 and a beta of 0.45. The company has a 50 day moving average price of C$25.94 and a 200-day moving average price of C$26.24.

Westshore Terminals Investment (TSE:WTE) last released its quarterly earnings results on Friday, November 7th. The company reported C$0.21 earnings per share for the quarter. The business had revenue of C$75.75 million for the quarter. Westshore Terminals Investment had a net margin of 27.75% and a return on equity of 14.93%. As a group, analysts forecast that Westshore Terminals Investment Co. will post 1.5632706 earnings per share for the current fiscal year.

Westshore Terminals Investment Company Profile

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. The coal is delivered to the terminal in unit trains and then unloaded and transferred onto a ship.