Westshore Terminals Investment (OTCMKTS:WTSHF) Trading 2.1% Higher – Here’s Why

Westshore Terminals Investment Co. (OTCMKTS:WTSHF)’s stock price rose 2.1% on Friday . The company traded as high as $22.74 and last traded at $22.74. Approximately 3,946 shares were traded during trading, a decline of 39% from the average daily volume of 6,472 shares. The stock had previously closed at $22.28.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Westshore Terminals Investment in a research note on Monday, November 10th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy”.

Westshore Terminals Investment Stock Up 2.1%

The stock has a 50 day simple moving average of $20.61 and a 200 day simple moving average of $19.18.

About Westshore Terminals Investment

Westshore Terminals Investment Corporation is the sole shareholder of Westshore Terminals Ltd, the operator of North America’s largest coal export terminal. Based in North Vancouver, British Columbia, the company’s principal business is providing terminal services for the handling, stockpiling and ship loading of metallurgical coal and petroleum coke. Strategically located on the Burrard Inlet, the facility connects to Canadian Pacific and Canadian National rail networks and exports bulk commodities primarily to steel mills in Asia and other global markets.

The terminal offers a comprehensive range of services including railcar unloading, covered and open stockpile capacity, shiploading capabilities and dust suppression systems.