Westshore Terminals Investment (TSE:WTE) Share Price Passes Above 200-Day Moving Average – What’s Next?

Westshore Terminals Investment Co. (TSE:WTE) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$27.14 and traded as high as C$31.84. Westshore Terminals Investment shares last traded at C$31.13, with a volume of 64,663 shares changing hands.

Westshore Terminals Investment Trading Up 1.5%

The company has a current ratio of 0.74, a quick ratio of 2.07 and a debt-to-equity ratio of 61.33. The company has a fifty day moving average price of C$29.87 and a two-hundred day moving average price of C$27.14. The firm has a market capitalization of C$1.92 billion, a price-to-earnings ratio of 23.58 and a beta of 0.41.

Westshore Terminals Investment (TSE:WTE) last issued its earnings results on Friday, March 13th. The company reported C$0.66 earnings per share (EPS) for the quarter. Westshore Terminals Investment had a return on equity of 11.35% and a net margin of 22.39%.The business had revenue of C$69.15 million during the quarter. As a group, research analysts forecast that Westshore Terminals Investment Co. will post 1.5632706 earnings per share for the current fiscal year.

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. The coal is delivered to the terminal in unit trains and then unloaded and transferred onto a ship.