Westport Fuel Systems (TSE:WPRT) Trading Up 5.4% - Here's What Happened

Key Points

• Shares of Westport Fuel Systems jumped 5.4% in mid-day trading to C$2.95 (intraday high C$2.97) on Wednesday, with volume of 9,216 shares, about 17% below its average session volume.
• Fundamentals show a small market cap (C$51.22 million), a negative P/E (-0.84) and a high debt-to-equity ratio (7.12), while the stock sits slightly above its 50- and 200-day moving averages (C$2.71 and C$2.68).
• Westport is a technology supplier of alternative fuel and low-emissions transportation systems, focusing on natural gas, renewable natural gas and hydrogen solutions for commercial OEMs.

Shares of Westport Fuel Systems Inc. (TSE:WPRT - ) traded up 5.4% during mid-day trading on Wednesday . The stock traded as high as C$2.97 and last traded at C$2.95. 9,216 shares were traded during trading, a decline of 17% from the average session volume of 11,126 shares. The stock had previously closed at C$2.80.

Westport Fuel Systems Stock Performance

The company has a current ratio of 2.39, a quick ratio of 1.54 and a debt-to-equity ratio of 7.12. The firm has a market capitalization of C$51.22 million, a price-to-earnings ratio of -0.84, a price-to-earnings-growth ratio of -0.12 and a beta of 1.89. The company has a 50-day moving average of C$2.71 and a 200-day moving average of C$2.68.

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.

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