Westport Fuel Systems (TSE:WPRT) Stock Price Passes Below Fifty Day Moving Average – Time to Sell?

Westport Fuel Systems Inc. (TSE:WPRT) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$2.76 and traded as low as C$2.38. Westport Fuel Systems shares last traded at C$2.40, with a volume of 25,112 shares changing hands.

Westport Fuel Systems Stock Performance

The stock has a fifty day simple moving average of C$2.76 and a 200-day simple moving average of C$2.74. The company has a quick ratio of 1.54, a current ratio of 1.14 and a debt-to-equity ratio of 4.87. The stock has a market cap of C$46.54 million, a P/E ratio of -1.02, a PEG ratio of -0.12 and a beta of 2.16.

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