Westshore Terminals Investment (TSE:WTE) Share Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Westshore Terminals Investment Co. (TSE:WTE)’s stock price crossed 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 firm has a market capitalization of C$1.38 billion, a PE ratio of 13.33 and a beta of 0.86. The company has a quick ratio of 2.07, a current ratio of 1.13 and a debt-to-equity ratio of 62.89. The company has a 50-day moving average of C$23.60 and a 200 day moving average of C$23.37.

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

Westshore Terminals Investment Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a $0.375 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.50 annualized dividend and a yield of 6.70%. Westshore Terminals Investment’s dividend payout ratio (DPR) is presently 89.29%.

About Westshore Terminals Investment

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.