Westshore Terminals Investment (TSE:WTE) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Westshore Terminals Investment Co. (TSE:WTE) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$23.72 and traded as high as C$23.79. Westshore Terminals Investment shares last traded at C$23.36, with a volume of 128,240 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada set a C$25.00 price target on shares of Westshore Terminals Investment and gave the stock a “sector perform” rating in a research report on Wednesday, March 26th.

Westshore Terminals Investment Stock Down 2.2 %

The firm has a market cap of C$1.44 billion, a P/E ratio of 13.59 and a beta of 0.86. The firm’s 50-day moving average price is C$24.25 and its 200 day moving average price is C$23.72. The company has a debt-to-equity ratio of 62.46, a current ratio of 1.08 and a quick ratio of 2.07.

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.