Westshore Terminals Investment (TSE:WTE) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

Westshore Terminals Investment Co. (TSE:WTE) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$23.52 and traded as low as C$23.16. Westshore Terminals Investment shares last traded at C$23.45, with a volume of 57,471 shares trading hands.

Westshore Terminals Investment Price Performance

The company has a debt-to-equity ratio of 62.89, a current ratio of 1.13 and a quick ratio of 2.07. The stock has a market capitalization of C$1.45 billion, a price-to-earnings ratio of 13.96 and a beta of 0.86. The stock’s 50 day simple moving average is C$23.78 and its 200-day simple moving average is C$23.48.

Westshore Terminals Investment (TSE:WTE) last posted its earnings results on Tuesday, November 5th. The company reported C$0.55 earnings per share (EPS) for the quarter. The firm had revenue of C$103.50 million during the quarter. Westshore Terminals Investment had a net margin of 27.78% and a return on equity of 14.82%. On average, analysts expect that Westshore Terminals Investment Co. will post 1.5632706 EPS for the current fiscal year.

Westshore Terminals Investment Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 6.40%. The ex-dividend date is Tuesday, December 31st. Westshore Terminals Investment’s dividend payout ratio (DPR) is presently 89.29%.

About Westshore Terminals Investment

Westshore Terminals Investment Corporation operates a coal storage and unloading/loading terminal at Roberts Bank, British Columbia. The company has contracts to ship coal from mines in British Columbia, Alberta, and the United States. Westshore Terminals Investment Corporation was founded in 1970 and is headquartered in Vancouver, Canada.