Revving to the red line: Westport Innovations Inc
by Josh
Westport Innovations Inc ($WPRT) shares are breaking above the four dollar channel they’ve been bound to since February. Shares are up $2.24 (7.32%) on twice the average daily volume. Shares started the week trading down to and just below the 200 day moving average. Shares broke above the 50 day moving average yesterday on heavier than average volume before catapulting to high for 2013.
 |
| 52 Week Range |
$23.01-$40.40 |
| Market Cap |
1,846,191,085 |
| Average Volume |
664,415 |
| Dividend Yield |
0.00% |
| Institutional Ownership |
41.90% |
| Insider Ownership: |
0.00% |
| Percentage of Float Short |
19.70% |
| Beta |
1.88 |
|
Westport Innovations Inc is engaged in the research, development and marketing of low-emission engine and fuel injection systems that utilize alternative gaseous fuels such as natural gas, propane or hydrogen.
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