Westshore Terminals Investment (TSE:WTE) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

Westshore Terminals Investment Co. (TSE:WTE) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$23.72 and traded as high as C$23.79. Westshore Terminals Investment shares last traded at C$23.36, with a volume of 128,240 shares trading hands.

Analyst Ratings Changes

Separately, Royal Bank of Canada set a C$25.00 price objective on shares of Westshore Terminals Investment and gave the company a “sector perform” rating in a research note on Wednesday, March 26th.

Westshore Terminals Investment Stock Down 2.2 %

The stock has a fifty day moving average price of C$24.25 and a 200-day moving average price of C$23.72. The company has a debt-to-equity ratio of 62.46, a quick ratio of 2.07 and a current ratio of 1.08. The firm has a market cap of C$1.44 billion, a PE ratio of 13.59 and a beta of 0.86.

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.