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

Westshore Terminals Investment Co. (TSE:WTEGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$38.38 and last traded at C$38.37, with a volume of 66301 shares traded. The stock had previously closed at C$37.97.

Analyst Ratings Changes

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

Read Our Latest Stock Analysis on WTE

Westshore Terminals Investment Stock Up 1.3%

The firm’s 50 day moving average price is C$34.26 and its two-hundred day moving average price is C$29.81. The company 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:WTEGet Free Report) last released its quarterly earnings data on Saturday, March 14th. The company reported C$0.66 earnings per share for the quarter. The company 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%. Equities research analysts anticipate that Westshore Terminals Investment Co. will post 1.5632706 EPS for the current fiscal year.

About Westshore Terminals Investment

(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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