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

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

Westshore Terminals Investment Stock Performance

The firm has a market cap of C$1.79 billion, a price-to-earnings ratio of 21.99 and a beta of 0.38. The stock’s fifty day moving average is C$26.87 and its two-hundred day moving average is C$26.33. The company has a debt-to-equity ratio of 62.46, a quick ratio of 2.07 and a current ratio of 1.08.

Westshore Terminals Investment (TSE:WTE) last announced its quarterly earnings results on Friday, November 7th. The company reported C$0.21 EPS for the quarter. The company 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%. On average, analysts expect that Westshore Terminals Investment Co. will post 1.5632706 earnings per share for the current fiscal year.

Westshore Terminals Investment Company Profile

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.