Westport Fuel Systems (TSE:WPRT) Sets New 52-Week Low – Here’s Why

Westport Fuel Systems Inc. (TSE:WPRT) reached a new 52-week low during trading on Monday . The stock traded as low as C$2.16 and last traded at C$2.19, with a volume of 22086 shares changing hands. The stock had previously closed at C$2.25.

Westport Fuel Systems Price Performance

The stock has a market capitalization of C$37.68 million, a P/E ratio of -0.62, a price-to-earnings-growth ratio of -0.12 and a beta of 2.39. The business’s 50 day simple moving average is C$2.48 and its two-hundred day simple moving average is C$3.49. The company has a quick ratio of 1.54, a current ratio of 1.60 and a debt-to-equity ratio of 39.64.

Westport Fuel Systems (TSE:WPRT) last announced its quarterly earnings results on Monday, November 10th. The company reported C($0.79) earnings per share for the quarter. The business had revenue of C$2.25 million during the quarter. Westport Fuel Systems had a negative net margin of 8.16% and a negative return on equity of 16.87%. As a group, sell-side analysts forecast that Westport Fuel Systems Inc. will post -0.25 earnings per share for the current fiscal year.

About Westport Fuel Systems

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.