Westshore Terminals Investment (TSE:WTE) Hits New 12-Month High – What’s Next?

Westshore Terminals Investment Co. (TSE:WTEGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$43.30 and last traded at C$43.29, with a volume of 31797 shares changing hands. The stock had previously closed at C$42.90.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada upped their price target on shares of Westshore Terminals Investment from C$39.00 to C$42.00 and gave the stock an “outperform” rating in a research note on Thursday, July 9th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of C$42.00.

View Our Latest Analysis on WTE

Westshore Terminals Investment Trading Down 0.3%

The company has a 50 day moving average of C$40.27 and a 200 day moving average of C$35.17. The firm has a market cap of C$2.66 billion, a P/E ratio of 27.11 and a beta of 0.72. The company has a debt-to-equity ratio of 59.39, a quick ratio of 2.07 and a current ratio of 0.98.

About Westshore Terminals Investment

(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.

Further Reading

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