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

Westshore Terminals Investment Co. (TSE:WTE) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 Performance

The company has a debt-to-equity ratio of 62.89, a current ratio of 1.13 and a quick ratio of 2.07. The stock has a market capitalization of C$1.40 billion, a PE ratio of 13.48 and a beta of 0.86. The firm has a fifty day moving average price of C$23.58 and a two-hundred day moving average price of C$23.37.

Westshore Terminals Investment (TSE:WTE) last released its earnings results on Tuesday, November 5th. The company reported C$0.55 earnings per share for the quarter. The business had revenue of C$103.50 million for the quarter. Westshore Terminals Investment had a return on equity of 14.82% and a net margin of 27.78%. Research analysts expect that Westshore Terminals Investment Co. will post 1.5632706 EPS for the current year.

Westshore Terminals Investment Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a dividend of $0.375 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.50 dividend on an annualized basis and a yield of 6.62%. Westshore Terminals Investment’s payout ratio is 89.29%.

Westshore Terminals Investment Company Profile

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.