Westport Fuel Systems Inc (NASDAQ: WPRT) stock enjoyed a major increase of 14.9% on 3/25/24. The shares closed at $7.24. Moreover, exceptionally high trading volume at 703% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 21.3% during the last week.
Current PriceTarget Research Rating
With future capital returns 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 (Low Neutral). 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 64 but a slightly negative Power Rating of 31, leading to the Low 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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