Westshore Terminals Investment (TSE:WTE) Reaches New 1-Year High – Time to Buy?

Westshore Terminals Investment Co. (TSE:WTE)’s stock price reached a new 52-week high on Monday . The stock traded as high as C$30.77 and last traded at C$30.77, with a volume of 26506 shares changing hands. The stock had previously closed at C$30.53.

Westshore Terminals Investment Price Performance

The firm has a market capitalization of C$1.95 billion, a P/E ratio of 23.96 and a beta of 0.35. The company has a current ratio of 1.08, a quick ratio of 2.07 and a debt-to-equity ratio of 62.46. The business’s fifty day moving average is C$27.76 and its 200 day moving average is C$26.45.

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