Westshore Terminals Investment (TSE:WTE) Reaches New 52-Week High – Here’s What Happened

Westshore Terminals Investment Co. (TSE:WTE) shares reached a new 52-week high on Tuesday . The company traded as high as C$38.38 and last traded at C$38.37, with a volume of 66301 shares changing hands. The stock had previously closed at C$37.97.

Analyst Ratings Changes

Separately, Royal Bank Of Canada raised their price target on shares of Westshore Terminals Investment from C$34.00 to C$39.00 and gave the company an “outperform” rating in a research note on Monday, April 13th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Westshore Terminals Investment currently has an average rating of “Buy” and a consensus target price of C$39.00.

Westshore Terminals Investment Trading Up 1.3%

The business’s fifty day moving average is C$34.26 and its 200-day moving average is C$29.81. The firm has a market cap of C$2.38 billion, a P/E ratio of 24.19 and a beta of 0.34. The company has a debt-to-equity ratio of 59.39, a quick ratio of 2.07 and a current ratio of 0.98.

Westshore Terminals Investment (TSE:WTE) last issued its quarterly earnings data on Saturday, March 14th. The company reported C$0.66 earnings per share (EPS) for the quarter. The business had revenue of C$69.15 million during the quarter. Westshore Terminals Investment had a net margin of 29.68% and a return on equity of 13.48%. Analysts predict that Westshore Terminals Investment Co. will post 1.5632706 EPS 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.