Westshore Terminals Investment (TSE:WTE) Shares Cross Below 200-Day Moving Average – Here’s What Happened

Shares of Westshore Terminals Investment Co. (TSE:WTE) passed below its 200-day moving average during trading on Friday . The stock has a 200-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 trading hands.

Westshore Terminals Investment Trading Down 0.1 %

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 business has a fifty day simple moving average of C$23.48 and a 200 day simple moving average of C$23.38. The stock has a market cap of C$1.42 billion, a price-to-earnings ratio of 13.72 and a beta of 0.86.

Westshore Terminals Investment (TSE:WTE) last posted its quarterly earnings data on Tuesday, November 5th. The company reported C$0.55 EPS for the quarter. Westshore Terminals Investment had a return on equity of 14.82% and a net margin of 27.78%. The business had revenue of C$103.50 million for the quarter. As a group, equities analysts anticipate that Westshore Terminals Investment Co. will post 1.5632706 EPS for the current year.

Westshore Terminals Investment Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.375 per share. The ex-dividend date is Tuesday, December 31st. This represents a $1.50 dividend on an annualized basis and a dividend yield of 6.51%. Westshore Terminals Investment’s dividend payout ratio (DPR) is presently 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.