Westport Fuel Systems (TSE:WPRT) Shares Up 3.7% – Time to Buy?

Westport Fuel Systems Inc. (TSE:WPRT)’s share price rose 3.7% on Tuesday . The stock traded as high as C$2.80 and last traded at C$2.80. Approximately 1,951 shares traded hands during trading, a decline of 81% from the average daily volume of 10,333 shares. The stock had previously closed at C$2.70.

Westport Fuel Systems Trading Up 3.7%

The company’s fifty day moving average price is C$2.59 and its two-hundred day moving average price is C$2.71. The company has a quick ratio of 1.54, a current ratio of 1.14 and a debt-to-equity ratio of 4.87. The company has a market cap of C$53.19 million, a price-to-earnings ratio of -1.16, a price-to-earnings-growth ratio of -0.12 and a beta of 2.00.

Westport Fuel Systems (TSE:WPRT) last announced its earnings results on Tuesday, August 11th. The company reported C($0.91) EPS for the quarter. Westport Fuel Systems had a negative return on equity of 60.02% and a negative net margin of 470.53%.The business had revenue of C$3.86 million during the quarter. Research analysts expect 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.