Westshore Terminals Investment (TSE:WTE) Share Price Crosses Below Two Hundred Day Moving Average - What's Next?

Key Points

• Westshore Terminals Investment Co. (TSE:WTE) has seen its share price drop below its 200-day moving average of C$25.83, trading as low as C$25.50 with a volume of 161,053 shares.
• The company reports a debt-to-equity ratio of 62.46 and a market capitalization of C$1.58 billion, with a price-to-earnings ratio of 15.36.
• Westshore Terminals operates a coal storage and loading terminal at Roberts Bank, Canada, mainly servicing coal from mines in British Columbia, Alberta, and the northwestern United States.

Westshore Terminals Investment Co. (TSE:WTE - ) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$25.83 and traded as low as C$25.50. Westshore Terminals Investment shares last traded at C$25.50, with a volume of 161,053 shares trading hands.

Westshore Terminals Investment Trading Down 0.6%

The company has a debt-to-equity ratio of 62.46, a current ratio of 1.08 and a quick ratio of 2.07. The company has a market capitalization of C$1.58 billion, a price-to-earnings ratio of 15.36 and a beta of 0.51. The business's 50 day simple moving average is C$26.57 and its 200 day simple moving average is C$25.83.

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.

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