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

Westshore Terminals Investment Co. (TSE:WTEGet Free Report)’s share price 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 changing hands. The stock had previously closed at C$37.97.

Analyst Upgrades and Downgrades

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

Get Our Latest Report on WTE

Westshore Terminals Investment Trading Up 1.7%

The company has a current ratio of 0.98, a quick ratio of 2.07 and a debt-to-equity ratio of 59.39. The company has a market cap of C$2.44 billion, a PE ratio of 24.82 and a beta of 0.34. The stock has a 50 day moving average price of C$34.66 and a 200 day moving average price of C$30.09.

Westshore Terminals Investment (TSE:WTEGet Free Report) last issued its quarterly earnings results 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 for the quarter. Westshore Terminals Investment had a return on equity of 13.48% and a net margin of 29.68%. Sell-side analysts predict 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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