Westshore Terminals Investment (TSE:WTE) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Westshore Terminals Investment Co. (TSE:WTE) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$23.73 and traded as high as C$25.04. Westshore Terminals Investment shares last traded at C$24.85, with a volume of 82,824 shares traded.

Analyst Upgrades and Downgrades

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

Westshore Terminals Investment Price Performance

The firm has a market cap of C$1.53 billion, a price-to-earnings ratio of 14.46 and a beta of 0.86. The company has a current ratio of 1.08, a quick ratio of 2.07 and a debt-to-equity ratio of 62.46. The company has a 50 day moving average of C$24.38 and a 200 day moving average of C$23.73.

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.