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Westshore Terminals Investment (TSE:WTE) Stock Price Crosses Below 200 Day Moving Average - Here's Why

Westshore Terminals Investment logo with Industrials background

Westshore Terminals Investment Co. (TSE:WTE - Get Free Report)'s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-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 Price Performance

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 simple moving average of C$23.60 and a 200 day simple moving average of C$23.37. The stock has a market cap of C$1.40 billion, a P/E ratio of 13.48 and a beta of 0.86.

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

Westshore Terminals Investment Dividend Announcement

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

About Westshore Terminals Investment

(Get Free Report)

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.

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