Westshore Terminals Investment (TSE:WTE) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Westshore Terminals Investment Co. (TSE:WTE)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$23.69 and traded as high as C$24.30. Westshore Terminals Investment shares last traded at C$23.81, with a volume of 72,520 shares.

Westshore Terminals Investment Price Performance

The company has a debt-to-equity ratio of 62.89, a quick ratio of 2.07 and a current ratio of 1.13. The company has a fifty day moving average price of C$23.88 and a two-hundred day moving average price of C$23.69. The company has a market cap of C$1.47 billion, a P/E ratio of 14.17 and a beta of 0.86.

Westshore Terminals Investment (TSE:WTE) last posted its quarterly earnings results on Tuesday, August 6th. The company reported C$0.56 earnings per share for the quarter. Westshore Terminals Investment had a return on equity of 14.82% and a net margin of 27.78%. The firm had revenue of C$105.62 million during the quarter. On average, sell-side analysts anticipate that Westshore Terminals Investment Co. will post 1.5632706 earnings per share for the current fiscal year.

Westshore Terminals Investment Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 6.30%. The ex-dividend date was Monday, September 30th. Westshore Terminals Investment’s dividend payout ratio (DPR) is currently 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.