Westshore Terminals Investment (TSE:WTE) Share Price Passes Above 200 Day Moving Average of $0.00

Westshore Terminals Investment Corp (TSE:WTE) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $20.93. Westshore Terminals Investment shares last traded at $20.75, with a volume of 65,101 shares traded.

A number of equities analysts have recently weighed in on the stock. BMO Capital Markets lifted their price target on shares of Westshore Terminals Investment from C$20.00 to C$21.00 in a research report on Wednesday, August 7th. TD Securities lifted their price target on shares of Westshore Terminals Investment from C$20.00 to C$21.00 and gave the stock a “hold” rating in a research report on Monday, May 6th. Finally, CIBC lifted their price target on shares of Westshore Terminals Investment from C$22.00 to C$23.00 in a research report on Thursday, August 8th.

The business’s 50-day moving average price is C$21.25 and its two-hundred day moving average price is C$21.44. The company has a market capitalization of $1.42 billion and a P/E ratio of 11.02. The company has a debt-to-equity ratio of 45.88, a current ratio of 1.08 and a quick ratio of 0.82.

Westshore Terminals Investment Company Profile (TSE:WTE)

Westshore Terminals Investment Corporation, through its limited partner interests in Westshore Terminals Limited Partnership, operates a coal storage and loading terminal at Roberts Bank, British Columbia in Canada. It has contracts to ship coal from five mines in British Columbia and one mine in Alberta, as well as from three mines in the north-western United States.

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