Is Buying Westport Fuel Systems Inchares (NASDAQ:WPRT) Here Good Idea?

July 16, 2018 - By Mary Kidd

Westport Fuel Systems Inc. (NASDAQ:WPRT) Logo

Investors sentiment decreased to 1.03 in Q1 2018. Its down 0.58, from 1.61 in 2017Q4. It worsened, as 11 investors sold Westport Fuel Systems Inc. shares while 20 reduced holdings. 13 funds opened positions while 19 raised stakes. 26.45 million shares or 1.38% more from 26.10 million shares in 2017Q4 were reported.
Connor Clark & Lunn Invest Mgmt Ltd holds 0.01% in Westport Fuel Systems Inc. (NASDAQ:WPRT) or 925,768 shares. Loring Wolcott Coolidge Fiduciary Ltd Liability Partnership Ma stated it has 0% of its portfolio in Westport Fuel Systems Inc. (NASDAQ:WPRT). 235,000 are owned by G2 Inv Partners Mngmt. Retail Bank Of Montreal Can invested in 0% or 31,278 shares. Trellus Mngmt Com Ltd Liability Com owns 160,000 shares. Tradewinds Management Limited Liability Corporation owns 1,000 shares. Valley Advisers has invested 0% in Westport Fuel Systems Inc. (NASDAQ:WPRT). Invesco has 0% invested in Westport Fuel Systems Inc. (NASDAQ:WPRT) for 19,500 shares. Price T Rowe Md holds 0% of its portfolio in Westport Fuel Systems Inc. (NASDAQ:WPRT) for 1.80 million shares. Bessemer Group has 400 shares for 0% of their portfolio. Grace & White Ny reported 0.73% in Westport Fuel Systems Inc. (NASDAQ:WPRT). Us National Bank De reported 0% in Westport Fuel Systems Inc. (NASDAQ:WPRT). Goldman Sachs Gru reported 16,511 shares or 0% of all its holdings. Toronto Dominion Commercial Bank invested in 1,000 shares or 0% of the stock. Fisher Asset Mngmt stated it has 0% of its portfolio in Westport Fuel Systems Inc. (NASDAQ:WPRT).

The stock of Westport Fuel Systems Inchares (NASDAQ:WPRT) registered an increase of 3.45% in short interest. WPRT’s total short interest was 2.69 million shares in July as published by FINRA. Its up 3.45% from 2.60 million shares, reported previously. With 535,100 shares average volume, it will take short sellers 5 days to cover their WPRT’s short positions. The short interest to Westport Fuel Systems Inchares’s float is 2.82%.

The stock decreased 1.90% or $0.05 during the last trading session, reaching $2.58. About 166,693 shares traded. Westport Fuel Systems Inc. (NASDAQ:WPRT) has risen 79.27% since July 16, 2017 and is uptrending. It has outperformed by 66.70% the S&P500.

Westport Fuel Systems Inc., a transportation technology company, provides low-emission engine and fuel system technologies utilizing gaseous fuels in North America, Europe, Asia, and South America. The company has market cap of $344.05 million. The firm operates in four divisions: Automotive, Industrial, Corporate and Technology Investments, and Cummins Westport Joint Venture. It currently has negative earnings. It designs, makes, and sells compressed natural gas , liquefied petroleum gas (LPG), and liquefied natural gas (LNG) components and systems to original equipment manufacturers and aftermarket customers.

Westport Fuel Systems Inc. (NASDAQ:WPRT) Ratings Coverage

Among 2 analysts covering Westport Innov (NASDAQ:WPRT), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Westport Innov had 2 analyst reports since March 23, 2018 according to SRatingsIntel. The firm has “Buy” rating by Oppenheimer given on Monday, March 26. The stock of Westport Fuel Systems Inc. (NASDAQ:WPRT) has “Hold” rating given on Friday, March 23 by Cowen & Co.

Another recent and important Westport Fuel Systems Inc. (NASDAQ:WPRT) news was published by Nasdaq.com which published an article titled: “Why Westport Fuel Systems Inc.’s Stock Has Plunged 30.1% in 2018” on July 15, 2018.

Westport Fuel Systems Inc. (NASDAQ:WPRT) Institutional Positions Chart

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