Interest in Natural Gas vehicles has continued to grow rapidly. According to a recent report from Navigant Research the number of NGVs on the road will grow to 34.9 million by 2020, a sharp rise from the 18.2 million vehicles estimated to be on the road in 2013. “Today, growth in the market is being fueled less by negative external events and more by positive industry developments, such as increased vehicle availability, a stronger focus on the largest users of fuel in new regions, and a greater openness to alternative fuel vehicles on the part of motorists and fleet operators.” says Dave Hurst, principal research analyst with Navigant Research.
Clean Energy Fuels Corp. (NASDAQ:CLNE - News) shares traded in the range of $12.70 to $13.47 Thursday before settling to close at $13.29, an increase of 4.65 percent. The stock appears to be facing resistance at the $13.37 and $13.60 levels with some support at $13.13. Shares of Clean Energy Fuels have gained approximately 6.75 percent in 2013.
More information on Clean Energy Fuels and access to the free equity report can be found at:
Cummins Inc. (NYSE:CMI - News) shares traded in the range of $107.91 to $108.98 Thursday before settling to close at $108.51, an increase of 1.07 percent. The stock appears to be facing resistance at the $109.08 and $109.95 levels with some support at $106.02. Shares of Cummins have gained approximately 20.0 percent in the past year.
More information on Cummins and access to the free equity report can be found at:
Fuel Systems Solutions, Inc. (NASDAQ:FSYS - News) shares traded in the range of $16.24 to $17.84 Thursday before settling to close at $17.60 a share, an increase of 6.73 percent. The stock appears to be some facing resistance at $18.05 with some support at the $17.16 and $16.43 levels. Shares of Fuel Systems Solutions have gained approximately 19.6 percent in 2013.
More information on Fuel Systems Solutions and access to the free equity report can be found at:
Westport Innovations Inc. (NASDAQ:WPRT - News)(TSX:WPT.TO - News) shares traded in the range of $30.61 to $33.75 Thursday before settling to close at $33.44, an increase of 9.32 percent. The stock appears to have some support at the $31.80 and $31.64 levels. Shares of Westport Innovations have gained approximately 25.2 percent in 2013.
More information on Westport Innovations and access to the free equity report can be found at:
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