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

Shares of Westshore Terminals Investment Co. (TSE:WTE) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$23.38 and traded as low as C$22.93. Westshore Terminals Investment shares last traded at C$23.05, with a volume of 44,670 shares changing hands.

Westshore Terminals Investment Price Performance

The firm has a market cap of C$1.42 billion, a PE ratio of 13.72 and a beta of 0.86. The company has a current ratio of 1.13, a quick ratio of 2.07 and a debt-to-equity ratio of 62.89. The company has a 50 day moving average price of C$23.48 and a 200 day moving average price of C$23.38.

Westshore Terminals Investment (TSE:WTE) last posted its earnings results on Tuesday, November 5th. The company reported C$0.55 EPS for the quarter. The company 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%. On average, sell-side analysts expect that Westshore Terminals Investment Co. will post 1.5632706 EPS for the current year.

Westshore Terminals Investment Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a $0.375 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $1.50 dividend on an annualized basis and a yield of 6.51%. 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.