Westshore Terminals Investment (TSE:WTE) Shares Cross Above 200-Day Moving Average – What’s Next?

Westshore Terminals Investment Co. (TSE:WTE) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$27.14 and traded as high as C$31.84. Westshore Terminals Investment shares last traded at C$31.13, with a volume of 64,663 shares.

Westshore Terminals Investment Stock Performance

The company has a debt-to-equity ratio of 61.33, a current ratio of 0.74 and a quick ratio of 2.07. The company’s fifty day moving average price is C$29.87 and its 200 day moving average price is C$27.15. The company has a market cap of C$1.92 billion, a PE ratio of 23.58 and a beta of 0.41.

Westshore Terminals Investment (TSE:WTE) last released its quarterly earnings results on Friday, March 13th. The company reported C$0.66 earnings per share for the quarter. Westshore Terminals Investment had a net margin of 22.39% and a return on equity of 11.35%. The business had revenue of C$69.15 million for the quarter. On average, equities research analysts predict that Westshore Terminals Investment Co. will post 1.5632706 earnings per share for the current 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.