Westshore Terminals Investment (TSE:WTE) Sets New 52-Week Low – Time to Sell?

Westshore Terminals Investment Co. (TSE:WTE)’s stock price reached a new 52-week low during 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 changing hands. The stock had previously closed at C$22.17.

Westshore Terminals Investment Price Performance

The company has a current ratio of 1.13, a quick ratio of 2.07 and a debt-to-equity ratio of 62.89. The company has a market cap of C$1.36 billion, a P/E ratio of 13.06 and a beta of 0.86. The firm has a 50 day moving average of C$23.20 and a 200-day moving average of C$23.37.

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

Westshore Terminals Investment Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 6.84%. The ex-dividend date of this dividend is Tuesday, December 31st. Westshore Terminals Investment’s dividend payout ratio is presently 89.29%.

About Westshore Terminals Investment

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.