StockNews.com started coverage on shares of Fuel Tech (NASDAQ:FTEK – Free Report) in a research note issued to investors on Saturday morning. The firm issued a hold rating on the industrial products company’s stock.
Fuel Tech Stock Performance
FTEK stock opened at $1.02 on Friday. Fuel Tech has a one year low of $0.96 and a one year high of $1.83. The stock has a market capitalization of $31.00 million, a PE ratio of -25.50 and a beta of 4.27. The company has a fifty day moving average of $1.05 and a 200-day moving average of $1.10.
Fuel Tech (NASDAQ:FTEK – Get Free Report) last issued its earnings results on Tuesday, November 7th. The industrial products company reported $0.01 EPS for the quarter. The company had revenue of $7.99 million for the quarter, compared to analyst estimates of $7.71 million. Fuel Tech had a negative net margin of 5.05% and a negative return on equity of 3.16%. Equities analysts forecast that Fuel Tech will post -0.06 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Fuel Tech
Fuel Tech Company Profile
Fuel Tech, Inc provides boiler optimization, efficiency improvement, and air pollution reduction and control solutions to utility and industrial customers worldwide. The company operates through two segments, Air Pollution Control Technology and FUEL CHEM Technology. The Air Pollution Control Technology segment offers technologies to reduce nitrogen oxide (NOx) emissions in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources; over-fire air systems; NOxOUT and HERT selective non-catalytic reduction systems; selective catalytic reduction systems comprising ammonia injection grid, and graduated straightening grid systems; I-NOx systems; ESP Processes and Services; ULTRA technology; and flue gas conditioning systems.
- Five stocks we like better than Fuel Tech
- The Significance of Brokerage Rankings in Stock Selection
- Does UPS stock going down present an opportunity?
- Canada Bond Market Holiday: How to Invest and Trade
- The truth behind Williams-Sonoma stock drop
- Stock Dividend Cuts Happen Are You Ready?
- Is Airbnb a buy on fee increase, international growth?
Receive News & Ratings for Fuel Tech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fuel Tech and related companies with MarketBeat.com's FREE daily email newsletter.