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

Westshore Terminals Investment Co. (TSE:WTE) hit a new 52-week high during trading on Tuesday . The company traded as high as C$29.75 and last traded at C$29.56, with a volume of 297488 shares changing hands. The stock had previously closed at C$29.03.

Westshore Terminals Investment Stock Up 1.8%

The stock has a market capitalization of C$1.83 billion, a price-to-earnings ratio of 22.39 and a beta of 0.38. The company has a quick ratio of 2.07, a current ratio of 1.08 and a debt-to-equity ratio of 62.46. The business’s 50-day moving average is C$27.04 and its two-hundred day moving average is C$26.32.

Westshore Terminals Investment (TSE:WTE) last released 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 for the quarter. Westshore Terminals Investment had a net margin of 27.75% and a return on equity of 14.93%. Equities analysts anticipate that Westshore Terminals Investment Co. will post 1.5632706 EPS for the current 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.