Westport Fuel Systems (TSE:WPRT) Shares Cross Below 50 Day Moving Average – What’s Next?

Westport Fuel Systems Inc. (TSE:WPRTGet Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$2.76 and traded as low as C$2.38. Westport Fuel Systems shares last traded at C$2.40, with a volume of 25,112 shares trading hands.

Westport Fuel Systems Price Performance

The firm has a market cap of C$45.59 million, a P/E ratio of -0.64, a price-to-earnings-growth ratio of -0.12 and a beta of 2.16. The company has a debt-to-equity ratio of 4.87, a current ratio of 1.14 and a quick ratio of 1.54. The firm’s 50 day moving average is C$2.76 and its 200 day moving average is C$2.74.

Westport Fuel Systems (TSE:WPRTGet Free Report) last announced its earnings results on Tuesday, August 11th. The company reported C($0.91) earnings per share for the quarter. Westport Fuel Systems had a negative net margin of 470.53% and a negative return on equity of 60.02%. The business had revenue of C$3.86 million for the quarter. As a group, analysts anticipate that Westport Fuel Systems Inc. will post -0.25 earnings per share for the current year.

About Westport Fuel Systems

(Get Free Report)

Westport is a technology and innovation company connecting synergistic technologies to power a cleaner tomorrow. As a leading supplier of affordable, alternative fuel, low-emissions transportation technologies, we design, manufacture, and supply advanced components and systems that enable the transition from traditional fuels to cleaner energy solutions. Our proven technologies support a wide range of clean fuels – including natural gas, renewable natural gas, and hydrogen – empowering OEMs and commercial transportation industries to meet performance demands, regulatory requirements, and climate targets in a cost-effective way.

Further Reading

Receive News & Ratings for Westport Fuel Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Westport Fuel Systems and related companies with MarketBeat.com's FREE daily email newsletter.