Could Westport Fuel Systems Inc See a Reversal After This Very Weak Session?

 Could Westport Fuel Systems Inc See a Reversal After This Very Weak Session?

The stock of Westport Fuel Systems Inc (TSE:WPT) is a huge mover today! The stock last traded at $2.09 per share. It is down 40.11% since March 10, 2016 and is downtrending. It has underperformed by 45.73% the S&P500.
The move comes after 5 months negative chart setup for the $226.56M company. It was reported on Oct, 17 by Barchart.com. We have $1.88 PT which if reached, will make TSE:WPT worth $22.66M less.

More notable recent Westport Fuel Systems Inc (TSE:WPT) news were published by: Fool.com which released: “Forget Westport Fuel Systems Inc.: These 2 Stocks Are Better Buys” on September 28, 2016, also Fool.com with their article: “Better Buy: Westport Fuel Systems Inc. vs. Navistar International Corp.” published on August 08, 2016, Fool.com published: “Why Westport Innovations Inc. (USA) and Fuel Systems Merger is Good for Investors” on June 03, 2016. More interesting news about Westport Fuel Systems Inc (TSE:WPT) were released by: Seekingalpha.com and their article: “Westport Fuel Systems: Time To Buy?” published on September 12, 2016 as well as Seekingalpha.com‘s news article titled: “No Hope For Westport Fuel Systems” with publication date: August 21, 2016.

Westport Fuel Systems Inc , formerly Westport Innovations Inc, is a Canada well-known provider of low-emission engine and fuel system technologies utilizing gaseous fuels. The company has a market cap of $226.56 million. It operates through the Westport Operations segment. It currently has negative earnings. The Westport Operations segment designs, makes and sells compressed natural gas, liquefied natural gas, and liquefied petroleum gas components and systems to original equipment manufacturers and to aftermarket customers.

WPT Company Profile

World Point Terminals, LP, incorporated on April 19, 2013, owns, operates, develops and acquires liquid bulk storage terminals and other assets relating to the storage of petroleum products, including light refined products, heavy refined products and crude oil. The Firm operates fee facilities located along the East Coast, Gulf Coast and Midwest regions of the United States. Through its subsidiary, Terminal Company, LLC (Center Point), the Company owns and operates approximately 15.5 million barrels of tankage at terminals, which are located in the East Coast, Gulf Coast and Midwest regions of the United States. The Company’s terminal facilities are located on waterways, providing ship or barge access for the movement of petroleum products, and have truck racks with loading logistics. The Company’s terminal facilities also have rail or pipeline access. The Firm has approximately 18,375,510 common units and over 16,485,510 subordinated units representing its limited partner interest.

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