Westshore Terminals Investment (TSE:WTE) Stock Price Passes Above 200 Day Moving Average – Here’s What Happened

Westshore Terminals Investment Co. (TSE:WTE) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$23.73 and traded as high as C$24.89. Westshore Terminals Investment shares last traded at C$24.87, with a volume of 47,724 shares trading hands.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada set a C$25.00 target price on Westshore Terminals Investment and gave the company a “sector perform” rating in a research report on Wednesday, March 26th.

Westshore Terminals Investment Stock Performance

The company has a market capitalization of C$1.54 billion, a P/E ratio of 14.47 and a beta of 0.86. The business has a 50 day moving average of C$24.28 and a 200 day moving average of C$23.73. The company has a quick ratio of 2.07, a current ratio of 1.08 and a debt-to-equity ratio of 62.46.

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.