Westshore Terminals Investment (TSE:WTE) Shares Down 1.5% – What’s Next?

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

Westshore Terminals Investment Trading Down 0.7 %

The company has a market capitalization of C$1.40 billion, a PE ratio of 13.49 and a beta of 0.86. 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 company’s fifty day moving average is C$23.73 and its 200-day moving average is C$23.40.

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

Westshore Terminals Investment Dividend Announcement

The company also recently declared 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. This represents a $1.50 annualized dividend and a dividend yield of 6.62%. The ex-dividend date is Tuesday, December 31st. Westshore Terminals Investment’s payout ratio is 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.