Westshore Terminals Investment (TSE:WTE) Reaches New 1-Year High – Should You Buy?

Westshore Terminals Investment Co. (TSE:WTE – Get Free Report) reached a new 52-week high on Monday. The stock traded as high as C$46.19 and last traded at C$46.19, with a volume of 31,809 shares changing hands. The stock had previously closed at C$43.11.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada boosted their price objective on Westshore Terminals Investment from C$44.00 to C$47.00 in a research report on Wednesday, September 30th. One investment analyst has rated the stock with a Buy rating. Based on data from MarketBeat, Westshore Terminals Investment has an average rating of “Buy” and a consensus target price of C$47.00.

Get Our Latest Report on WTE

Westshore Terminals Investment Price Performance

The company has a 50 day moving average price of C$42.78 and a 200-day moving average price of C$38.26. The company has a quick ratio of 2.07, a current ratio of 1.04 and a debt-to-equity ratio of 58.75. The company has a market cap of C$2.85 billion, a price-to-earnings ratio of 29.02 and a beta of 0.27.

Westshore Terminals Investment (TSE:WTE – Get Free Report) last posted its earnings results on Saturday, November 7th. The company reported C$0.47 EPS for the quarter. Westshore Terminals Investment had a net margin of 29.65% and a return on equity of 13.28%. The business had revenue of C$106.00 million for the quarter. As a group, equities research analysts predict that Westshore Terminals Investment Co. will post 1.56 EPS for the current fiscal year.

Westshore Terminals Investment Company Profile

(Get Free Report)

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. The coal is delivered to the terminal in unit trains and then unloaded and transferred onto a ship.

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