Fuel Tech Inc [NASDAQ: FTEK] stock went on a downward path that fall over -2.78% on Thursday, amounting to a one-week price increase of more than 11.11%.
Over the last 12 months, FTEK stock rose by 166.67%. The one-year Fuel Tech Inc stock forecast points to a potential upside of 30.0. The average equity rating for FTEK stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $86.18 million, with 30.77 million shares outstanding and 23.67 million shares in the current float. Compared to the average trading volume of 325.81K shares, FTEK stock reached a trading volume of 486392 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Fuel Tech Inc [FTEK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FTEK shares is $4.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FTEK stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
H.C. Wainwright have made an estimate for Fuel Tech Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on March 13, 2020. While these analysts kept the previous recommendation, Brean Murray raised their target price to Buy. The new note on the price target was released on February 23, 2012, representing the official price target for Fuel Tech Inc stock. Previously, the target price had yet another raise from $6.50 to $8, while Avondale kept a Mkt Outperform rating on FTEK stock.
The Price to Book ratio for the last quarter was 2.08, with the Price to Cash per share for the same quarter was set at 0.71.
FTEK Stock Performance Analysis:
Fuel Tech Inc [FTEK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.11. With this latest performance, FTEK shares gained by 70.73% in over the last four-week period, additionally plugging by 166.67% over the last 6 months – not to mention a rise of 166.67% in the past year of trading.
Insight into Fuel Tech Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Fuel Tech Inc [FTEK] shares currently have an operating margin of -14.92% and a Gross Margin at 42.13%. Fuel Tech Inc’s Net Margin is presently recorded at -11.16%.
Return on Equity for this stock declined to -6.16%, with Return on Assets sitting at -6.16%.
Fuel Tech Inc [FTEK] Institutonal Ownership Details
There are presently around $21.88%, or 28.48% of FTEK stock, in the hands of institutional investors. The top three institutional holders of FTEK stocks are: GRACE & WHITE INC /NY with ownership of 1.86 million shares, which is approximately 6.1017%. RENAISSANCE TECHNOLOGIES LLC, holding 0.87 million shares of the stock with an approximate value of $$0.94 million in FTEK stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $$0.86 million in FTEK stock with ownership which is approximately 2.6472%.
