A new trading day began on Friday, with Fuel Tech Inc (NASDAQ: FTEK) stock price up 2.97% from the previous day of trading, before settling in for the closing price of $1.01. FTEK’s price has ranged from $0.91 to $1.34 over the past 52 weeks.
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During the last 5-year period, the sales drop of Industrials Sector giant was -1.71%. Meanwhile, its annual earnings per share averaged 40.00%. With a float of $23.63 million, this company’s outstanding shares have now reached $30.71 million.
Let’s determine the extent of company efficiency that accounts for 72 employees. In terms of profitability, gross margin is 43.48%, operating margin of -12.93%, and the pretax margin is -1.95%.
Fuel Tech Inc (FTEK) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Pollution & Treatment Controls Industry. The insider ownership of Fuel Tech Inc is 23.04%, while institutional ownership is 21.02%. The most recent insider transaction that took place on Nov 19 ’24, was worth 8,656. In this transaction Director of this company bought 8,014 shares at a rate of $1.08, taking the stock ownership to the 96,600 shares. Before that another transaction happened on Nov 18 ’24, when Company’s Director bought 9,800 for $1.05, making the entire transaction worth $10,290. This insider now owns 88,585 shares in total.
Fuel Tech Inc (FTEK) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 40.00% per share during the next fiscal year.
Fuel Tech Inc (NASDAQ: FTEK) Trading Performance Indicators
Here are Fuel Tech Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 5.73. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.02, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach -0.05 in one year’s time.
Technical Analysis of Fuel Tech Inc (FTEK)
Looking closely at Fuel Tech Inc (NASDAQ: FTEK), its last 5-days average volume was 0.24 million, which is a jump from its year-to-date volume of 0.15 million. As of the previous 9 days, the stock’s Stochastic %D was 58.08%. Additionally, its Average True Range was 0.04.
During the past 100 days, Fuel Tech Inc’s (FTEK) raw stochastic average was set at 42.11%, which indicates a significant decrease from 50.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.01% in the past 14 days, which was lower than the 34.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.0351, while its 200-day Moving Average is $1.0665. However, in the short run, Fuel Tech Inc’s stock first resistance to watch stands at $1.0600. Second resistance stands at $1.0800. The third major resistance level sits at $1.1100. If the price goes on to break the first support level at $1.0100, it is likely to go to the next support level at $0.9800. Should the price break the second support level, the third support level stands at $0.9600.
Fuel Tech Inc (NASDAQ: FTEK) Key Stats
With a market capitalization of 31.94 million, the company has a total of 30,708K Shares Outstanding. Currently, annual sales are 27,080 K while annual income is -1,540 K. The company’s previous quarter sales were 7,850 K while its latest quarter income was 80 K.
