Westshore Terminals Investment (TSE:WTE) Hits New 1-Year High – What’s Next?

Westshore Terminals Investment Co. (TSE:WTEGet Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$42.77 and last traded at C$42.56, with a volume of 57626 shares traded. The stock had previously closed at C$41.94.

Analyst Ratings Changes

Separately, Royal Bank Of Canada lifted their price objective on Westshore Terminals Investment from C$34.00 to C$39.00 and gave the company an “outperform” rating in a report on Monday, April 13th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of C$39.00.

View Our Latest Research Report on WTE

Westshore Terminals Investment Trading Up 0.5%

The firm has a market capitalization of C$2.53 billion, a price-to-earnings ratio of 25.74 and a beta of 0.63. The business’s fifty day moving average is C$37.86 and its 200 day moving average is C$32.10. The company has a quick ratio of 2.07, a current ratio of 0.98 and a debt-to-equity ratio of 59.39.

Westshore Terminals Investment (TSE:WTEGet Free Report) last announced its earnings results on Saturday, March 14th. The company reported C$0.66 earnings per share for the quarter. Westshore Terminals Investment had a net margin of 29.68% and a return on equity of 13.48%. The firm had revenue of C$69.15 million during the quarter. Equities analysts predict that Westshore Terminals Investment Co. will post 1.5632706 earnings per share for the current year.

About Westshore Terminals Investment

(Get Free Report)

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.

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