Westshore Terminals Investment (TSE:WTE) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

Westshore Terminals Investment Co. (TSE:WTE)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$23.52 and traded as low as C$23.16. Westshore Terminals Investment shares last traded at C$23.45, with a volume of 57,471 shares trading hands.

Westshore Terminals Investment Stock Performance

The company has a market cap of C$1.45 billion, a P/E ratio of 13.96 and a beta of 0.86. 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 stock’s 50-day moving average price is C$23.78 and its 200 day moving average price is C$23.48.

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

Westshore Terminals Investment Dividend Announcement

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 given a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 6.40%. The ex-dividend date is Tuesday, December 31st. Westshore Terminals Investment’s dividend payout ratio is 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.