Alert: Major Price Advance (11/15/23)-Westport Fuel Systems Inc (NASDAQ: WPRT).

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Westport Fuel Systems Inc (NASDAQ: WPRT) stock enjoyed a major increase of 10.6% on 11/15/23. The shares closed at $6.55. The stock has been extremely weak relative to the market over the last nine months but has risen 5.6% during the last week.

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Current PriceTarget Research Rating

WPRT is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

Westport Fuel Systems has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Westport Fuel Systems has a slightly positive Appreciation Score of 61 but a poor Power Rating of 19, and the Negative Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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