Analyst Advice And Earnings Insight: Westport Fuel Systems Inc. (WPRT), DURECT Corporation (DRRX)

The recently concluded session had traders exchanging Westport Fuel Systems Inc. (NASDAQ:WPRT) high level. Roughly 4.13 million shares changed hands compared to the three-month volume average 1.26 million shares. The first trade took place at $3.16 and the stock went up 13.65% to attain the closing price of $3.33.

Westport Fuel Systems Inc. (WPRT) Analyst Opinion

Westport Fuel Systems Inc. has a consensus outperform rating from 4 Wall Street analysts, and the number of shares currently sold short amount to at least 3.95% of shares outstanding. The stock spiked 4.72% last month and is up 194.69 this year. Wall Street is only getting more bullish on the stock, with 2 of analysts who cover WPRT having a buy-equivalent rating. Analysts have placed a $4.25 price target on Westport Fuel Systems Inc., suggesting a 27.63% gain from recent close. It’s currently trading about -18.58% below its 52-week high.

Westport Fuel Systems Inc. Earnings Surprise

Westport Fuel Systems Inc. (WPRT) surprised the stock market in its last reported earnings when it earned -$0.12 a piece versus the consensus-estimated -$0.13. Its revenue totaled $52.91 million down -14.77% from the previous quarter.

Westport Fuel Systems Inc. (NASDAQ:WPRT) Intraday View

This stock (WPRT) is ahead of its 52-week low with 306.1%. Its last month’s stock price volatility remained 7.08% which for the week stands at 6.87%. The share price has moved forward from its 20 days moving average, trading at a distance of 16.15% and stays 5.39% away from its 50 days moving average. Over the last five days, shares have managed 11.74% gains and now is up 51.05% since hitting its 200-day moving average of $2.63. Westport Fuel Systems Inc. (WPRT) has made its way to a 12-month gain of 189.57%.

Turning to DURECT Corporation (NASDAQ:DRRX), its shares were trading at $0.98 a retreat of $-0.03, on the trading floor. The stock, after opening at $1, touched a high of $1.02 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.7. DURECT Corporation has 0 buy ratings, 2 holds and 0 sells even after the stock tumbled -54.97% from its high of $2.17 to a $142.5 million market value through last close.

DURECT Corporation (DRRX) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 3 to 3 during a month. Analysts set a 12-month price target of $1.97 a share. The target implies a 101.02% spike from where the shares are currently trading. Also, the current price highlights a discount of 104.08% to analysts’ high consensus price target.

DURECT Corporation (NASDAQ:DRRX) Intraday Trading

The counter witnessed a trading volume of 0.48 million shares versus an average volume of 0.97 million shares during last trading session. Its last month’s stock price volatility remained 5.61% which for the week approaches 6.54%. The lowest price the stock reached in the last trading day was $0.9516 and compares with the $0.74 52-week low. The stock recovered 31.21% since its low point and has performed -27.08% year-to-date.

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