Equities researchers at StockNews.com started coverage on shares of Fuel Tech (NASDAQ:FTEK – Get Rating) in a report issued on Saturday. The firm set a “hold” rating on the industrial products company’s stock.
Separately, TheStreet raised Fuel Tech from a “d” rating to a “c-” rating in a research note on Friday, November 11th.
Fuel Tech Stock Down 0.8 %
NASDAQ:FTEK opened at $1.24 on Friday. The stock’s 50-day simple moving average is $1.23 and its 200 day simple moving average is $1.26. The firm has a market capitalization of $37.57 million, a PE ratio of -31.00 and a beta of 4.38. Fuel Tech has a twelve month low of $1.02 and a twelve month high of $2.04.
Institutional Trading of 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. It 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 by low and ultra-low NOx burners; 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; and burner systems.
- Get a free copy of the StockNews.com research report on Fuel Tech (FTEK)
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