Westport Fuel Systems (NASDAQ:WPRT - Get Free Report) TSE: WPRT issued its quarterly earnings data on Monday. The auto parts company reported ($0.59) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.24) by ($0.35), Zacks reports. The business had revenue of $75.10 million during the quarter, compared to the consensus estimate of $70.68 million. Westport Fuel Systems had a negative return on equity of 25.57% and a negative net margin of 8.01%.
Westport Fuel Systems Price Performance
NASDAQ WPRT traded down $0.20 on Friday, reaching $2.90. 46,645 shares of the stock traded hands, compared to its average volume of 47,921. Westport Fuel Systems has a 12 month low of $2.73 and a 12 month high of $6.69. The company has a market cap of $50.12 million, a price-to-earnings ratio of -1.95 and a beta of 2.93. The firm's fifty day simple moving average is $4.10 and its 200 day simple moving average is $4.16. The company has a quick ratio of 1.00, a current ratio of 1.60 and a debt-to-equity ratio of 0.16.
Analyst Ratings Changes
Several research analysts have recently issued reports on the company. Royal Bank of Canada decreased their price target on Westport Fuel Systems from $8.00 to $4.00 and set a "sector perform" rating for the company in a research note on Tuesday. Cormark reduced their price objective on shares of Westport Fuel Systems from $11.50 to $10.80 in a report on Tuesday.
View Our Latest Stock Report on Westport Fuel Systems
About Westport Fuel Systems
(
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Westport Fuel Systems Inc engages in the engineering, manufacturing, and supplying alternative fuel systems and components for use in transportation applications in Europe, Asia, North America, South America, and internationally. The company operates through two segments, Original Equipment Manufacturers and Independent Aftermarket.
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