Westport Fuel Systems Inc (NASDAQ: WPRT) stock closed at $6.65 on 3/11/24 after a major increase of 19.6%. Moreover, exceptionally high trading volume at 464% of normal accompanied the advance. The stock has risen 6.9% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, WPRT is expected to be Value Creation neutral.
Westport Fuel Systems has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Westport Fuel Systems has a good Appreciation Score of 70 but a slightly negative Power Rating of 31, producing the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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