Canadian stock alert

CANA

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.

Note

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.

Bearish Signals:

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:

Overvaluation:

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)

ISIN: CA9609083097

PermID: 4295862596

CIK: Westport Fuel Systems Inc.

Source: www.BuySellSignals.com