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Westshore Terminals Investment (TSE:WTE) Share Price Passes Below 200-Day Moving Average - Here's Why

Westshore Terminals Investment logo with Industrials background

Key Points

  • Westshore Terminals Investment's share price fell below its 200-day moving average of C$25.89, trading as low as C$24.68 during Friday's trading session.
  • The company has a market capitalization of C$1.54 billion and a price-to-earnings ratio of 15.04, indicating potential valuation for investors.
  • Westshore operates a coal storage and loading terminal in British Columbia and derives revenue from loading coal onto seagoing vessels from various sources including local mines.
  • MarketBeat previews the top five stocks to own by November 1st.

Westshore Terminals Investment Co. (TSE:WTE - Get Free Report)'s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$25.89 and traded as low as C$24.68. Westshore Terminals Investment shares last traded at C$24.96, with a volume of 67,001 shares changing hands.

Westshore Terminals Investment Stock Up 0.3%

The business's fifty day moving average price is C$25.54 and its 200 day moving average price is C$25.89. The firm has a market capitalization of C$1.54 billion, a price-to-earnings ratio of 15.04 and a beta of 0.34. The company has a current ratio of 1.08, a quick ratio of 2.07 and a debt-to-equity ratio of 62.46.

About Westshore Terminals Investment

(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.

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