Westshore Terminals Investment (TSE:WTE) Reaches New 1-Year High – Here’s What Happened

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

Westshore Terminals Investment Trading Up 0.7%

The company has a debt-to-equity ratio of 62.46, a current ratio of 1.08 and a quick ratio of 2.07. The stock’s 50-day moving average is C$26.71 and its two-hundred day moving average is C$26.29. The company has a market cap of C$1.77 billion, a P/E ratio of 21.76 and a beta of 0.38.

Westshore Terminals Investment (TSE:WTE) last announced its earnings results on Friday, November 7th. The company reported C$0.21 earnings per share for the quarter. The business had revenue of C$75.75 million during the quarter. Westshore Terminals Investment had a net margin of 27.75% and a return on equity of 14.93%. As a group, equities research analysts predict 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.