Westport Innovations Jumps 5% On High Volume (WPRT)

Shares of Westport Innovations WPRT are running higher this afternoon to the tune of 5.19%, trading at $16.61. The stock has been trading below the 50-day and 200-day moving averages for the past six weeks, but is making a run at both from the downside. Shares are quite active, already trading 1.3 million times; this compares to the 10-day daily average volume of 800,000 shares. Options volume has been solely in small lots all day: 706 calls and 172 puts traded. Westport Innovations Inc. is engaged in the research, development and marketing of high performance, low-emission engines and fuel injection systems that utilize alternative gaseous fuels, such as natural gas, propane or hydrogen.