Fuel Tech (FTEK) Earns Media Sentiment Score of 0.03
Media stories about Fuel Tech (NASDAQ:FTEK) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Fuel Tech earned a coverage optimism score of 0.03 on Accern’s scale. Accern also assigned press coverage about the industrial products company an impact score of 40.7236148900521 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Separately, ValuEngine raised shares of Fuel Tech from a “sell” rating to a “hold” rating in a report on Friday, September 22nd.
Fuel Tech (NASDAQ:FTEK) traded down $0.01 during trading hours on Friday, reaching $1.15. 23,685 shares of the company’s stock traded hands, compared to its average volume of 34,892. Fuel Tech has a one year low of $0.70 and a one year high of $1.30. The stock has a market capitalization of $27.51, a price-to-earnings ratio of -1.42 and a beta of 0.97.
In other news, Director Dennis L. Zeitler bought 50,000 shares of the stock in a transaction dated Tuesday, December 12th. The shares were acquired at an average cost of $1.01 per share, with a total value of $50,500.00. Following the purchase, the director now directly owns 50,000 shares in the company, valued at approximately $50,500. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 13.90% of the company’s stock.
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Fuel Tech Company Profile
Fuel Tech, Inc is a technology company. The Company is engaged in the development, commercialization and application of technologies for air pollution control, process optimization, combustion efficiency and engineering services. It operates through three segments: Air Pollution Control technology, FUEL CHEM technology and Fuel Conversion.
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