Westshore Terminals Investment (TSE:WTE) Shares Pass Below 200-Day Moving Average – What’s Next?

Westshore Terminals Investment Co. (TSE:WTE) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$23.39 and traded as low as C$22.56. Westshore Terminals Investment shares last traded at C$22.57, with a volume of 47,850 shares traded.

Westshore Terminals Investment Stock Performance

The stock has a 50-day moving average of C$23.31 and a 200 day moving average of C$23.39. 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 firm has a market capitalization of C$1.39 billion, a P/E ratio of 13.43 and a beta of 0.86.

Westshore Terminals Investment (TSE:WTE) last announced its earnings results 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 company had revenue of C$103.50 million for the quarter. On average, research analysts anticipate that Westshore Terminals Investment Co. will post 1.5632706 earnings per share for the current year.

Westshore Terminals Investment Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be given a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 6.65%. The ex-dividend date is Tuesday, December 31st. Westshore Terminals Investment’s payout ratio is presently 89.29%.

About Westshore Terminals Investment

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.