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

Westshore Terminals Investment Co. (TSE:WTEGet Free Report) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$34.13 and last traded at C$33.81, with a volume of 25966 shares changing hands. The stock had previously closed at C$33.87.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada lifted their target price on shares of Westshore Terminals Investment from C$29.00 to C$34.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 17th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of C$34.00.

Read Our Latest Analysis on Westshore Terminals Investment

Westshore Terminals Investment Trading Up 0.1%

The company has a 50 day simple moving average of C$31.27 and a two-hundred day simple moving average of C$27.82. The company has a debt-to-equity ratio of 59.65, a quick ratio of 2.07 and a current ratio of 0.87. The firm has a market cap of C$2.08 billion, a PE ratio of 22.90 and a beta of 0.41.

Westshore Terminals Investment (TSE:WTEGet Free Report) last issued its earnings results on Friday, March 13th. The company reported C$0.66 EPS for the quarter. Westshore Terminals Investment had a return on equity of 12.55% and a net margin of 28.08%.The firm had revenue of C$69.15 million for the quarter. Analysts expect that Westshore Terminals Investment Co. will post 1.5632706 EPS for the current fiscal year.

Westshore Terminals Investment Company Profile

(Get Free Report)

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.

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