On Tuesday, Fuel Tech Inc (NASDAQ: FTEK) was 17.84% up from the session before settling in for the closing price of $0.93. A 52-week range for FTEK has been $0.91 – $1.34.
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A company in the Industrials sector has dropped its sales by -1.71% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 40.00%. With a float of $23.63 million, this company’s outstanding shares have now reached $30.71 million.
In an organization with 72 employees, it is important to assess its efficiency. 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 and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Fuel Tech Inc stocks. The insider ownership of Fuel Tech Inc is 23.04%, while institutional ownership is 22.67%. 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) Latest Financial update
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. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 26.32% during the next five years compared to -111.43% drop over the previous five years of trading.
Fuel Tech Inc (NASDAQ: FTEK) Trading Performance Indicators
You can see what Fuel Tech Inc (FTEK) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 5.73. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.28.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 0.26 million. That was better than the volume of 0.14 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 37.50%. Additionally, its Average True Range was 0.05.
During the past 100 days, Fuel Tech Inc’s (FTEK) raw stochastic average was set at 75.00%, which indicates a significant increase from 75.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.98% in the past 14 days, which was higher than the 41.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.0065, while its 200-day Moving Average is $1.0461. However, in the short run, Fuel Tech Inc’s stock first resistance to watch stands at $1.1883. Second resistance stands at $1.2867. The third major resistance level sits at $1.4233. If the price goes on to break the first support level at $0.9533, it is likely to go to the next support level at $0.8167. The third support level lies at $0.7183 if the price breaches the second support level.
Fuel Tech Inc (NASDAQ: FTEK) Key Stats
There are 30,708K outstanding shares of the company, which has a market capitalization of 33.48 million. As of now, sales total 27,080 K while income totals -1,540 K. Its latest quarter income was 7,850 K while its last quarter net income were 80 K.
