Westshore Terminals Investment (TSE:WTE) Stock Price Passes Above 200-Day Moving Average of $23.92

Westshore Terminals Investment Co. (TSE:WTE)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$23.92 and traded as high as C$25.25. Westshore Terminals Investment shares last traded at C$24.38, with a volume of 84,439 shares changing hands.

Westshore Terminals Investment Stock Down 2.8 %

The firm has a fifty day moving average of C$23.52 and a 200-day moving average of C$23.93. 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 firm has a market cap of C$1.51 billion, a P/E ratio of 14.51 and a beta of 0.87.

Westshore Terminals Investment (TSE:WTE) last released its earnings results on Tuesday, August 6th. The company reported C$0.56 earnings per share 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$105.62 million during the quarter. On average, equities research analysts anticipate that Westshore Terminals Investment Co. will post 1.5613238 earnings per share for the current year.

Westshore Terminals Investment Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a dividend of $0.375 per share. The ex-dividend date is Monday, September 30th. This represents a $1.50 annualized dividend and a dividend yield of 6.15%. Westshore Terminals Investment’s dividend payout ratio 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.