Westport Fuel Systems (TSE:WPRT) Share Price Passes Above 50-Day Moving Average – Time to Sell?

Westport Fuel Systems Inc. (TSE:WPRT) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$2.72 and traded as high as C$2.87. Westport Fuel Systems shares last traded at C$2.83, with a volume of 14,554 shares changing hands.

Westport Fuel Systems Stock Performance

The firm has a market cap of C$48.19 million, a PE ratio of -0.74, a price-to-earnings-growth ratio of -0.12 and a beta of 2.10. The business has a 50 day simple moving average of C$2.72 and a two-hundred day simple moving average of C$2.64. The company has a quick ratio of 1.54, a current ratio of 1.70 and a debt-to-equity ratio of 5.83.

Westport Fuel Systems (TSE:WPRT) last posted its quarterly earnings results on Thursday, May 14th. The company reported C($0.46) EPS for the quarter. Westport Fuel Systems had a negative return on equity of 78.42% and a negative net margin of 344.16%. As a group, equities research analysts forecast that Westport Fuel Systems Inc. will post -0.25 earnings per share for the current fiscal year.

About Westport Fuel Systems

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.