Westport Fuel Systems Inc (NASDAQ: WPRT) stock enjoyed a major increase of 14.6% on 6/4/24. The shares closed at $6.34. Moreover, trading volume in this advance was exceptionally high at 364% of normal. Relative to the market the stock has been weak over the last nine months but has risen 9.7% 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 continue to be Value Creation neutral.
Westport Fuel Systems has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Westport Fuel Systems has a neutral Appreciation Score of 48 but a poor Power Rating of 20, triggering the Negative Value Trend Rating.
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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