Westport Fuel Systems (TSE:WPRT) Stock Price Down 1.5% – Here’s Why

Westport Fuel Systems Inc. (TSE:WPRT)’s share price was down 1.5% during mid-day trading on Tuesday. The company traded as low as C$2.60 and last traded at C$2.61. Approximately 1,500 shares were traded during mid-day trading, a decline of 84% from the average session volume of 9,656 shares. The stock had previously closed at C$2.65.

Westport Fuel Systems Stock Performance

The company’s 50 day moving average is C$2.70 and its 200 day moving average is C$2.72. The firm has a market cap of C$49.58 million, a P/E ratio of -1.08, a P/E/G ratio of -0.12 and a beta of 1.74. The company has a debt-to-equity ratio of 4.87, a quick ratio of 1.54 and a current ratio of 1.14.

Westport Fuel Systems (TSE:WPRT) last issued its quarterly earnings results on Tuesday, August 11th. The company reported C($0.91) earnings per share for the quarter. The company had revenue of C$3.86 million during the quarter. Westport Fuel Systems had a negative net margin of 470.53% and a negative return on equity of 60.02%. As a group, equities analysts predict 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.