Westshore Terminals Investment (TSE:WTE) Hits New 52-Week Low – Should You Sell?

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

Westshore Terminals Investment Price Performance

The stock has a market cap of C$1.36 billion, a PE ratio of 13.08 and a beta of 0.86. The business’s 50-day simple moving average is C$23.22 and its 200-day simple moving average is C$23.37. The company has a quick ratio of 2.07, a current ratio of 1.13 and a debt-to-equity ratio of 62.89.

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. Westshore Terminals Investment had a return on equity of 14.82% and a net margin of 27.78%. The company had revenue of C$103.50 million for the quarter. On average, research analysts expect that Westshore Terminals Investment Co. will post 1.5632706 EPS for the current fiscal year.

Westshore Terminals Investment Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 6.82%. 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 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.