Westport Fuel Systems Inc (WPRT) Stock: What Does the Chart Say Tuesday?

Overall market sentiment has been high on Westport Fuel Systems Inc (WPRT) stock lately. WPRT receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Westport Fuel Systems Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on WPRT!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With WPRT Stock Today?

Westport Fuel Systems Inc (WPRT) stock is trading at $7.35 as of 3:39 PM on Tuesday, Jun 6, a rise of $0.28, or 3.89% from the previous closing price of $7.08. Volume today is elevated. So far 139,575 shares have traded compared to average volume of 35,222 shares. The stock has traded between $6.40 and $7.71 so far today. To see InvestorsObserver's Sentiment Score for Westport Fuel Systems Inc click here.

More About Westport Fuel Systems Inc

Westport Fuel Systems Inc is a provider of high-performance, low-emission engine and fuel system technologies utilizing gaseous fuels. The company segment includes Original Equipment Manufacturer (OEM), Independent Aftermarket (IAM), and Corporate. It generates maximum revenue from the OEM segment. Click Here to get the full Stock Report for Westport Fuel Systems Inc stock.