Is it Time for a Financial Check: Westport Fuel Systems Inc. (WPRT)

Westport Fuel Systems Inc. (WPRT) STOCK PRICE MOVEMENT:

VOLATILITY FACTOR: The stock showed 6.40% volatility in recent week and indicated 5.06% volatility in last month. ATR value of 0.17 measure stock volatility. The Average True Range is an exponential moving average (14-days) of the True Ranges.

Westport Fuel Systems Inc. (WPRT) received negative focus in Thursday trading session. The stock has performed -5.98% and it registered share value at $3.3 in recent trade transaction. At present, the stock price sited at -23.79% from the 52 week high and situated at 57.14% from 52 week low. 2201166 shares traded on hands while it’s an average volume stands with 504.8K shares.

MARKET CAPITALIZATION AND VALAATION INDICATORS:

Westport Fuel Systems Inc. (WPRT) is Canada based company. Currently it has a market worth of $437.15M. Using market capitalization to show the size of a company is important because company size is a basic determinant of various characteristics in which investors are interested, including risk. Forward P/E is standing at 66. Forward P/E is a measure of the price-to-earnings ratio using forecasted earnings for the P/E calculation for the next fiscal year. P/S ratio of 1.59 reflects the value placed on sales by the market. P/B ratio is 4.37. P/B is used to compare a stock’s market value to its book value.

PERFORMANCE WATCH:

Westport Fuel Systems Inc. (WPRT) has year to date performance of -12.23% and weekly performance of 16.61%. The stock has been moved at 20.00% over the last six months and 33.06% throughout last twelve months. The stock has performed 29.92% around last thirty days, and changed 32.00% over the last three months.

ANALYSTS VIEWS: The current analyst consensus rating clocked at 2 on company shares based on data provided from FINVIZ. (1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell). Analysts expected the stock to attain $4.25 price in coming 52-week period.

TECHNICAL OBSERVATION:

The Relative Strength Index (RSI) was developed by J. Welles Wilder, and it reading fluctuates between 0 and 100. The RSI is a momentum oscillator that measures the speed and change of stock price movements. Generally, the when RSI falls below 30 then stock considered to be oversold and overbought when it moves above 70. The normal reading of a stock will fall in the range of 30 to 70. RSI can be used to detect general trends as well as finding divergences and failure swings. Now WPRT has RSI reading of 69.48.

Category – Finance

William Beck is a graduate of University of Sydney and has two years’ experience of Wall Street Investor. William covers Finance category. He has an experience in Journalism and Content Writing, love writing stories full of efficient language and accurate content. His articles are published on Seeking Alpha, The Street, and The Motley Fool. William has over 4 year experience as a news writer. Previously, he worked as a tech news reporter.
Email Contact: William@nysewired.com

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