Somewhat Positive Media Coverage Somewhat Unlikely to Affect Fuel Tech (FTEK) Share Price
Media headlines about Fuel Tech (NASDAQ:FTEK) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Fuel Tech earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned news coverage about the industrial products company an impact score of 42.1682286659736 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- ETFs with exposure to Fuel Tech, Inc. : December 29, 2017 (finance.yahoo.com)
- Head to Head Review: Fuel Tech (FTEK) versus Evoqua Water Technologies (AQUA) (americanbankingnews.com)
- Fuel Tech, Inc. :FTEK-US: Earnings Analysis: Q3, 2017 By the Numbers : December 28, 2017 (finance.yahoo.com)
- Evoqua Water Technologies (AQUA) vs. Fuel Tech (FTEK) Head-To-Head Analysis (americanbankingnews.com)
- Analyzing Fuel Tech (FTEK) and Evoqua Water Technologies (AQUA) (americanbankingnews.com)
Shares of Fuel Tech (NASDAQ FTEK) traded down $0.02 during mid-day trading on Friday, hitting $1.12. 68,330 shares of the stock were exchanged, compared to its average volume of 117,644. The company has a market capitalization of $27.51, a price-to-earnings ratio of -1.38 and a beta of 0.97. Fuel Tech has a twelve month low of $0.70 and a twelve month high of $1.31.
In related news, Director Dennis L. Zeitler bought 50,000 shares of the company’s stock in a transaction dated Tuesday, December 12th. The stock was purchased at an average price of $1.01 per share, with a total value of $50,500.00. Following the completion of the acquisition, the director now owns 50,000 shares of the company’s stock, valued at $50,500. The purchase was disclosed in a document filed with the SEC, which is available through this link. 13.90% of the stock is currently owned by corporate insiders.
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About Fuel Tech
Fuel Tech, Inc is a technology company. The Company is engaged in the development, commercialization and application of technologies for air pollution control, process optimization, combustion efficiency and engineering services. It operates through three segments: Air Pollution Control technology, FUEL CHEM technology and Fuel Conversion.
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