What Sent Fuel Tech Stock Soaring
Air pollution control and wastewater management firm Fuel Tech posted a sharp improvement in revenue in the third quarter and an unexpected profit.
Headquartered in Warrenville, IL Fiscal year ends December NASDAQ: FTEK ftek.com
Fuel Tech, Inc. is a technology company that develops and commercializes proprietary technologies for air pollution control, process optimization, water treatment, and advanced engineering services. The company operates through two primary business segments: Air Pollution Control (APC), which provides nitrogen oxide (NOx) reduction and particulate control technologies, and FUEL CHEM, which uses chemical technologies to improve the efficiency, reliability, fuel flexibility, boiler heat rate, and environmental performance of combustion units by controlling slagging, fouling, corrosion, and opacity. Fuel Tech's solutions have been installed on over 2,100 utility, industrial, and municipal units worldwide. The company also offers DGI Dissolved Gas Infusion water treatment systems for remediation, aeration, biological treatment, and wastewater odor management applications. Many of Fuel Tech's products and services rely on Computational Fluid Dynamics modeling capabilities enhanced by internally developed visualization software. The company carries no long-term debt and trades on NASDAQ under the ticker FTEK. Updated
Air pollution control and wastewater management firm Fuel Tech posted a sharp improvement in revenue in the third quarter and an unexpected profit.
Fuel Tech is a tiny stock that was rekindled as a cult stock on Friday as its shares were up more than 100% shortly after the opening bell.
Friday's top analyst calls included Amazon, Adobe, AMD, Apple, BlackRock, Broadcom, Caterpillar, Deere, Microsoft, Morgan Stanley, Oracle and Slack.
The continued strong insider buying last week into the teeth of a stock market that has hitting all-time highs continues to be a bullish sign for investors.
ThinkstockDecember 26, 2014: Here are four stocks among the 45 equities making new 52-week lows today. EQT Corp. (NYSE: EQT) posted a new 52-week — and all-time — low on Friday of…
Fuel Tech is in the business of cleaning up the messy process of coal-fired power plants. The company delivers its air pollution control systems to utility, industrial and municipal solid waste customers.
thinkstockWhether you call it renewable energy, alternative energy, clean tech or another name, powering up the planet by means other than fossil fuels is becoming big business. Even the oil giants all…
Thinkstock24/7 Wall St. routinely reviews dozens of analyst research reports each morning of the week. At the end of each week, there is a realization that some stood out handily over most…
U.S. equity markets opened lower this morning on relatively little economic data. In Europe, Germany reported that industrial production rose 1.2%, while a house price index in the U.K.rose 1.1% month-over-month. In…
U.S. equity markets opened higher this morning following an unexpected 0.25% cut in Australia’s key interest rate to a new level of 2.75%. Japan’s Nikkei reopened today after a two-day holiday and…
U.S. equity markets opened higher this morning and maintained the upside, anticipating that today’s FOMC statement would not provoke any surprises. And the markets were not surprised (more coverage here). In Europe,…
U.S. equity markets opened higher this morning but worries about a resolution to the banking crisis in Cyprus soon took over and pushed shares down. In other parts of Europe, Spain’s bad…
thinkstockThe alternative energy sector is supposed to be one of the great winners of the 2012 election outcome. After all, an Obama victory would indicate further government support for what are future…
The three major US equities indexes opened sharply lower this morning and the slide continued pretty much without interruption all day. About half an hour before closing, all three indexes are down…
Equities started the day with a solid move up, but lost momentum after about half an hour. The downward move lasted into the late morning, at which time stocks started a fitful…
Fuel Tech, Inc. is a technology company that develops and commercializes proprietary technologies for air pollution control, process optimization, water treatment, and advanced engineering services.
The Wall Street consensus 12-month price target for FTEK is $4.00.