Westport Fuel Systems (TSE:WPRT) Shares Down 1.4%

Westport Fuel Systems Inc. (TSE:WPRTGet Rating)’s stock price was down 1.4% on Thursday . The company traded as low as C$1.39 and last traded at C$1.40. Approximately 83,658 shares traded hands during trading, a decline of 75% from the average daily volume of 328,569 shares. The stock had previously closed at C$1.42.

Separately, HC Wainwright upped their price target on shares of Westport Fuel Systems to C$7.00 and gave the stock a “buy” rating in a research note on Wednesday, March 16th.

The company has a current ratio of 2.40, a quick ratio of 1.66 and a debt-to-equity ratio of 36.33. The firm has a market capitalization of C$239.66 million and a price-to-earnings ratio of 7.82. The stock’s 50 day moving average price is C$1.53 and its two-hundred day moving average price is C$2.08.

About Westport Fuel Systems (TSE:WPRT)

Westport Fuel Systems Inc engages in the engineering, manufacturing, and supplying alternative fuel systems and components for use in transportation applications worldwide. The company operates through Original Equipment Manufacturer and Independent Aftermarket segments. It offers alternative fuel systems and components, which include a range of alternative fuels, such as liquefied petroleum gas, compressed natural gas, liquefied natural gas, renewable natural gas, and hydrogen; and independent aftermarket, light and heavy-duty original equipment manufacturers (OEMs) and delayed OEMs, electronics, hydrogen, and fuel storage activities.

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