Westport Fuel Systems Inc. (NASDAQ:WPRT - Get Free Report) TSE: WPRT's share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.53 and traded as high as $4.54. Westport Fuel Systems shares last traded at $4.39, with a volume of 25,380 shares.
Analyst Ratings Changes
WPRT has been the topic of several research reports. Royal Bank of Canada reissued a "sector perform" rating and issued a $8.00 price objective on shares of Westport Fuel Systems in a research report on Thursday, November 14th. HC Wainwright restated a "buy" rating and issued a $22.00 price target on shares of Westport Fuel Systems in a report on Friday, November 15th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $14.13.
View Our Latest Research Report on Westport Fuel Systems
Westport Fuel Systems Stock Up 2.3 %
The company has a market capitalization of $77.50 million, a PE ratio of -3.01 and a beta of 2.93. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.00 and a current ratio of 1.60. The firm has a fifty day simple moving average of $4.04 and a 200-day simple moving average of $4.53.
Institutional Trading of Westport Fuel Systems
Several institutional investors have recently added to or reduced their stakes in the stock. TD Waterhouse Canada Inc. grew its holdings in Westport Fuel Systems by 2,384.7% during the 4th quarter. TD Waterhouse Canada Inc. now owns 16,374 shares of the auto parts company's stock worth $57,000 after acquiring an additional 15,715 shares in the last quarter. Millennium Management LLC bought a new position in shares of Westport Fuel Systems during the fourth quarter worth about $149,000. US Bancorp DE grew its stake in Westport Fuel Systems by 170.7% in the third quarter. US Bancorp DE now owns 188,349 shares of the auto parts company's stock worth $865,000 after purchasing an additional 118,780 shares in the last quarter. Baird Financial Group Inc. increased its holdings in Westport Fuel Systems by 34.6% in the fourth quarter. Baird Financial Group Inc. now owns 916,168 shares of the auto parts company's stock valued at $3,280,000 after buying an additional 235,610 shares during the last quarter. Finally, Grace & White Inc. NY raised its stake in Westport Fuel Systems by 40.3% during the fourth quarter. Grace & White Inc. NY now owns 1,043,980 shares of the auto parts company's stock valued at $3,737,000 after buying an additional 299,798 shares in the last quarter. 21.30% of the stock is owned by institutional investors and hedge funds.
About Westport Fuel Systems
(
Get Free Report)
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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