Canadian stock alert
Afternoon Alert: Westport Fuel Systems accelerates rise, now up 5.4% in 2 days 20 June 2018 14:43 EDT
NEWS BITES - NORTH AMERICA
Westport Fuel Systems Inc. (TSX:WPRT) is up 18.0c (or 5.4%) over the past two trading days. After rising 1.2% on Tuesday, the stock rose 4.1% on Wednesday to trade at CAD3.54 vs. the S&P/TSX 60 Index that is up 0.3% in the same period.
Current indications of bullish signals that support the trend in the unusual trading:
+ The positive 0.03 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.
Other Bullish Signals include:
+ Tobin's Q Ratio is 1.1. Compared with the rest of the market the stock is undervalued.
+ EBIT margin is negative but improving in recent years.
Westport Fuel Systems today is at a discount of 34.9% to the 12-month high of CAD5.44 on 03 Jan, 2018. It is at a premium of 88.3% to the 12-month low of CAD1.88 on 14 Jul, 2017.
The stock has underperformed 76% of the Canadian market over the past 6 months.
The price tumbled 8.1% in the last month.
Fundamental measures by comparison with the sector average [in brackets] indicate:
Price/Sales of 1.4 [0.6]
Price to Book of 3.8 [2.8]
Westport Fuel Systems Inc. (T:WPRT; TSE:WPRT; N:WPRT; CN:WPRT)
CIK: Westport Fuel Systems Inc.