Westshore Terminals Investment (TSE:WTE) Hits New 1-Year Low – Here’s What Happened

Westshore Terminals Investment Co. (TSE:WTE) shares reached a new 52-week low on Friday . The company traded as low as C$21.93 and last traded at C$21.98, with a volume of 65426 shares trading hands. The stock had previously closed at C$22.17.

Westshore Terminals Investment Price Performance

The firm has a 50 day moving average price of C$23.22 and a two-hundred day moving average price of C$23.37. The company has a market cap of C$1.36 billion, a P/E ratio of 13.08 and a beta of 0.86. The company has a debt-to-equity ratio of 62.89, a quick ratio of 2.07 and a current ratio of 1.13.

Westshore Terminals Investment (TSE:WTE) last posted its earnings results on Tuesday, November 5th. The company reported C$0.55 earnings per share for the quarter. Westshore Terminals Investment had a return on equity of 14.82% and a net margin of 27.78%. The business had revenue of C$103.50 million during the quarter. On average, analysts predict that Westshore Terminals Investment Co. will post 1.5632706 EPS for the current fiscal 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 given a dividend of $0.375 per share. The ex-dividend date is Tuesday, December 31st. This represents a $1.50 annualized dividend and a yield of 6.82%. Westshore Terminals Investment’s payout ratio is presently 89.29%.

Westshore Terminals Investment Company Profile

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.