Westshore Terminals Investment Co. (TSE:WTE - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$24.00 and traded as high as C$27.98. Westshore Terminals Investment shares last traded at C$27.43, with a volume of 77,908 shares.
Wall Street Analyst Weigh In
Separately, Royal Bank of Canada upgraded shares of Westshore Terminals Investment from a "hold" rating to a "moderate buy" rating and boosted their price objective for the stock from C$23.00 to C$30.00 in a research note on Tuesday, May 20th.
Check Out Our Latest Report on Westshore Terminals Investment
Westshore Terminals Investment Price Performance
The company has a quick ratio of 2.07, a current ratio of 1.08 and a debt-to-equity ratio of 62.46. The firm has a market cap of C$1.66 billion, a P/E ratio of 15.67 and a beta of 0.86. The stock's 50-day moving average is C$24.76 and its 200-day moving average is C$24.05.
Westshore Terminals Investment Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be issued a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 5.57%. Westshore Terminals Investment's payout ratio is presently 87.28%.
Westshore Terminals Investment Company Profile
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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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