Westport Fuel Systems (TSE:WPRT) Stock Passes Below Fifty Day Moving Average – What’s Next?

Shares of Westport Fuel Systems Inc. (TSE:WPRT) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$2.78 and traded as low as C$2.50. Westport Fuel Systems shares last traded at C$2.61, with a volume of 3,938 shares.

Westport Fuel Systems Price Performance

The firm has a 50 day simple moving average of C$2.78 and a two-hundred day simple moving average of C$2.76. The company has a debt-to-equity ratio of 5.83, a quick ratio of 1.54 and a current ratio of 1.70. The stock has a market cap of C$49.96 million, a P/E ratio of -0.70, a P/E/G ratio of -0.12 and a beta of 2.16.

Westport Fuel Systems (TSE:WPRT) last released its quarterly earnings results on Thursday, May 14th. The company reported C($0.46) earnings per share (EPS) for the quarter. Westport Fuel Systems had a negative return on equity of 78.42% and a negative net margin of 344.16%.The business had revenue of C$3.18 million during the quarter. Equities research analysts predict that Westport Fuel Systems Inc. will post -0.25 earnings per share for the current year.

Westport Fuel Systems Company Profile

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.