Westport Fuel Systems (TSE:WPRT) Hits New 1-Year Low – Here’s What Happened

Shares of Westport Fuel Systems Inc. (TSE:WPRT) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$2.19 and last traded at C$2.19, with a volume of 13168 shares trading hands. The stock had previously closed at C$2.36.

Westport Fuel Systems Trading Down 5.9%

The firm has a 50 day moving average of C$3.01 and a 200-day moving average of C$3.86. The company has a quick ratio of 1.54, a current ratio of 1.60 and a debt-to-equity ratio of 39.64. The firm has a market capitalization of C$38.55 million, a P/E ratio of -0.75, a PEG ratio of -0.12 and a beta of 2.42.

Westport Fuel Systems (TSE:WPRT) last posted its quarterly earnings data on Monday, November 10th. The company reported C($0.79) earnings per share for the quarter. Westport Fuel Systems had a negative return on equity of 16.87% and a negative net margin of 8.16%.The firm had revenue of C$2.25 million for the quarter. On average, equities research analysts predict that Westport Fuel Systems Inc. will post -0.25 earnings per share for the current fiscal year.

Westport Fuel Systems Company Profile

Westport Fuel Systems Inc is a provider of high-performance, low-emission engine and fuel system technologies utilizing gaseous fuels. The company segment includes Original Equipment Manufacturer (OEM), Independent Aftermarket (IAM), and Corporate. It generates maximum revenue from the OEM segment.