Wall Street Fundamentals Releases New In-Depth Stock Reports on CLNE, WPRT, FSYS and QTWW
New York, NY - Plummeting natural gas prices have been major factor for the recent surge in the Natural Gas Vehicles (NGVs) market. In 2012, Ford Motor Co. sold a record 11,600 NGVs in 2012. The lack of refueling stations has long been a major hindrance to the widespread adoption of NGVs. That soon may change as two major natural gas producers have partnered with home-appliance manufacturers (Encana Corp. with Whirlpool Corp. and Chesapeake Energy Corp. with General Electric Co.) to develop an at-home refueling appliance.
Clean Energy Fuels Corp. (NASDAQ: CLNE) shares closed at $13.65 Friday, up approximately 9.5 percent year-to-date. The stock appears to have strong support at $13.54. The company reported “gallons delivered” for the first quarter of 2013 totaled 49.9 million gallons, an increase of 14 percent when compared to 43.7 million gallons delivered in the year ago quarter.
More information on Clean Energy Fuels and access to the free equity report can be found at:
www.WallStreetFundamentals.com/CLNE
Westport Innovations Inc. (NASDAQ: WPRT)(TSX: WPT) shares closed at $29.02 Friday, gaining approximately 10.0 percent year-to-date. The stock appears to face resistance at the $28.17 and $28.80 levels. The company reported revenues of $30.1 million for the first quarter of 2013, compared to revenues of $36.0 million in the year ago quarter.
More information on Westport Innovations and access to the free equity report can be found at:
www.WallStreetFundamentals.com/WPRT
Fuel Systems Solutions, Inc. (NASDAQ: FSYS) shares closed at $15.70 Friday, up approximately 7 percent year-to-date. The stock appears to have strong support at $15.56. The company reported revenues grew to $98.6 million for the first quarter of 2013, from $97.4 million in the year ago quarter.
More information on
Fuel Systems Solutions and access to the free equity report can be found at:
www.WallStreetFundamentals.com/FSYS
Quantum Fuel Systems Tech Worldwide Inc. (NASDAQ: QTWW) shares closed at $0.605 Friday, down approximately 11.0 percent year-to-date. The stock appears to have stiff resistance at $0.62. The company exported natural gas tank and system revenues increased 52 percent year-over-year to $1.2 million for the first quarter of 2013.
More information on Quantum Fuel Systems and access to the free equity report can be found at:
www.WallStreetFundamentals.com/QTWW
Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace. Activate your always free membership by signing up now at www.WallStreetFundamentals.com.
Disclaimer:
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.
Contact:
Wall Street Fundamentals
website:www.WallStreetFundamentals.com
email:editor@wallstreetfundamentals.com