This Is A Time To Build A Position In Fuel Tech Inc (NASDAQ: FTEK)

Fuel Tech Inc (NASDAQ:FTEK)’s traded shares stood at 0.49 million during the last session, with the company’s beta value hitting 4.62. At the close of trading, the stock’s price was $2.8, to imply a decrease of -2.78% or -$0.08 in intraday trading. The FTEK share’s 52-week high remains $2.96, putting it -5.71% down since that peak but still an impressive 68.93% since price per share fell to its 52-week low of $0.87. The company has a valuation of $86.18M, with an average of 0.78 million shares in intraday trading volume over the past 10 days and average of 325.81K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Fuel Tech Inc (FTEK), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give FTEK a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy.

Fuel Tech Inc (NASDAQ:FTEK) trade information

After registering a -2.78% downside in the last session, Fuel Tech Inc (FTEK) has traded red over the past five days. The 5-day price performance for the stock is 11.11%, and 70.73% over 30 days. With these gigs, the year-to-date price performance is 159.26%. Short interest in Fuel Tech Inc (NASDAQ:FTEK) saw shorts transact 71804.0 shares and set a 0.14 days time to cover.

FTEK Dividends

Fuel Tech Inc has its next earnings report out on 2025-May-12. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Fuel Tech Inc (NASDAQ:FTEK)’s Major holders

Fuel Tech Inc insiders hold 23.18% of total outstanding shares, with institutional holders owning 21.88% of the shares at 28.48% float percentage. In total, 21.88% institutions holds shares in the company, led by GRACE & WHITE INC /NY. As of 2024-06-30, the company held over 1.86 million shares (or 6.1017% of shares), all amounting to roughly $1.99 million.

The next major institution holding the largest number of shares is RENAISSANCE TECHNOLOGIES LLC with 0.87 million shares, or about 2.8693% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.94 million.

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