In the last trading session, 4.0 million Fuel Tech Inc (NASDAQ:FTEK) shares changed hands as the company’s beta touched 4.24. With the company’s per share price at $1.48 changed hands at $0.35 or 30.97% during last session, the market valuation stood at $45.55M. FTEK’s last price was a premium, traded about 16.89% off its 52-week high of $1.23. The share price had its 52-week low at $0.87, which suggests the last value was 41.22% up since then.
Analysts gave the Fuel Tech Inc (FTEK) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended FTEK as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Fuel Tech Inc’s EPS for the current quarter is expected to be -0.03.
Fuel Tech Inc (NASDAQ:FTEK) trade information
Instantly FTEK was in green as seen at the end of in last trading. With action 54.65%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 40.95%, with the 5-day performance at 54.65% in the green. However, in the 30-day time frame, Fuel Tech Inc (NASDAQ:FTEK) is 51.92% up.
Fuel Tech Inc (FTEK) estimates and forecasts
Year-over-year growth is forecast to reach 18.98% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 6.09M. 1 analysts are of the opinion that Fuel Tech Inc’s revenue for the current quarter will be 9.43M. The company’s revenue for the corresponding quarters a year ago was 7.04M and 7.85M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -13.58%. The estimates for the next quarter sales put growth at 20.15%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 27.81%.
Fuel Tech Inc (NASDAQ:FTEK)’s Major holders
RENAISSANCE TECHNOLOGIES LLC holds the second largest percentage of outstanding shares, with 2.8693% or 0.87 million shares worth $0.94 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund. With 459.07 shares estimated at $0.68 million under it, the former controlled 1.49% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held about 1.13% of the shares, roughly 347.86 shares worth around $0.51 million.
