Fuel Tech Inc (NASDAQ:FTEK) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.00 and traded as high as $1.07. Fuel Tech shares last traded at $1.05, with a volume of 24,626 shares.
FTEK has been the subject of several research reports. TheStreet lowered Fuel Tech from a “c-” rating to a “d+” rating in a research report on Thursday, July 25th. Zacks Investment Research downgraded Fuel Tech from a “buy” rating to a “hold” rating in a report on Friday, May 17th. Finally, ValuEngine downgraded Fuel Tech from a “buy” rating to a “hold” rating in a report on Monday, July 29th.
The company has a market capitalization of $25.88 million, a price-to-earnings ratio of 107.00 and a beta of 1.15. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.64 and a current ratio of 2.70. The company has a fifty day moving average of $1.24.
About Fuel Tech (NASDAQ:FTEK)
Fuel Tech, Inc provides boiler optimization, efficiency improvement, and air pollution reduction and control solutions to utility and industrial customers worldwide. It operates through Air Pollution Control Technology and FUEL CHEM Technology segments. 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; advanced selective catalytic reduction systems; NOxOUT CASCADE and NOxOUT-SCR processes; ULTRA technology; ammonia injection grid and graduated straightening grid systems; and flue gas conditioning systems.
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