An increasingly favourable environment allows WESTPORT FUEL to improve to Neutral
The independent financial analyst theScreener just upgraded the general evaluation of WESTPORT FUEL (US), a company active in the Auto Parts industry. As regards its fundamental valuation, the title confirms its rating of 2 out of 4 stars while its market behaviour remains as risky. theScreener believes, however, that a more enabling environment allows the title to increase its general evaluation to Neutral. As of the analysis date March 22, 2022, the closing price was USD 1.75 and its expected value was estimated at USD 1.72.Westport Fuel Systems is engaged in developing technology to enable more environmentally sustainable engines without compromising the performance, fuel economy, durability, and reliability of diesel engines. The substitution of natural gas for petroleum-based fuel drives a significant reduction in harmful combustion emissions, such as nitrogen oxides, particulate matter, and greenhouse gas, in addition to providing an abundant, relatively inexpensive alternative fuel. Co.'s systems can be used to enable combustion engines to use gaseous fuels, such as natural gas, propane, or hydrogen.
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