Westshore Terminals Investment (TSE:WTE) Trading Down 1.5% – Time to Sell?

Westshore Terminals Investment Co. (TSE:WTE) shares dropped 1.5% during trading on Wednesday . The company traded as low as C$23.29 and last traded at C$23.33. 94,837 shares were traded during trading, an increase of 19% from the average daily volume of 79,794 shares. The stock had previously closed at C$23.69.

Westshore Terminals Investment Stock 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$1.40 billion, a PE ratio of 13.49 and a beta of 0.86. The firm has a fifty day moving average price of C$23.73 and a two-hundred day moving average price of C$23.40.

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

Westshore Terminals Investment Dividend Announcement

The business 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. The ex-dividend date is Tuesday, December 31st. This represents a $1.50 dividend on an annualized basis and a yield of 6.62%. Westshore Terminals Investment’s dividend payout ratio is currently 89.29%.

Westshore Terminals Investment Company Profile

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.