|Bid||1.5300 x 39400|
|Ask||0.0000 x 2200|
|Day's Range||1.5400 - 1.6700|
|52 Week Range||0.7000 - 3.3900|
|Beta (5Y Monthly)||2.22|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.50|
Westport (WPRT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Monday was a big day for investors in Westport Fuel Systems (NASDAQ: WPRT). News that Westport is restructuring its debt, and has secured a 15 million euro loan for its Italian subsidiary, along with a $10 million term credit facility from Export Development Canada (Westport is based in Vancouver), raised hopes that the company, which reported a breakeven profit last year but turned unprofitable again last quarter, might make it through this coronavirus thing intact after all. Today, reality seems to be setting back in, and Westport stock is tanking 11.5% as of 3:05 p.m. EDT.
Shares of Westport Fuel Systems (NASDAQ: WPRT) jumped as much as 17.8% in early trading Monday after the company announced two rounds of financing. Late last week, Westport announced a 15 million euro loan for its Italian subsidiary. The company also got a $10 million term credit facility from Export Development Canada.