Westshore Terminals Investment (TSE:WTE) Hits New 52-Week High – Should You Buy?

Westshore Terminals Investment Co. (TSE:WTE) shares hit a new 52-week high on Wednesday . The stock traded as high as C$29.08 and last traded at C$28.59, with a volume of 58010 shares changing hands. The stock had previously closed at C$28.53.

Westshore Terminals Investment Stock Performance

The company has a market capitalization of C$1.77 billion, a PE ratio of 21.76 and a beta of 0.38. The company has a current ratio of 1.08, a quick ratio of 2.07 and a debt-to-equity ratio of 62.46. The business’s fifty day moving average is C$26.71 and its two-hundred day moving average is C$26.29.

Westshore Terminals Investment (TSE:WTE) last posted its earnings results on Friday, November 7th. The company reported C$0.21 EPS for the quarter. The business had revenue of C$75.75 million during the quarter. Westshore Terminals Investment had a return on equity of 14.93% and a net margin of 27.75%. Equities research analysts predict that Westshore Terminals Investment Co. will post 1.5632706 earnings per share for the current year.

Westshore Terminals Investment Company Profile

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.