Fuel Tech Inc Stock as Institutional Investors Enter

June 18, 2018 - By Kurt Siggers

Sentiment for Fuel Tech Inc (NASDAQ:FTEK)

Fuel Tech Inc (NASDAQ:FTEK) institutional sentiment increased to 1.38 in 2018 Q1. Its up 0.21, from 1.17 in 2017Q4. The ratio has increased, as 11 institutional investors started new and increased positions, while 8 sold and trimmed holdings in Fuel Tech Inc. The institutional investors in our partner’s database reported: 5.23 million shares, up from 5.13 million shares in 2017Q4. Also, the number of institutional investors holding Fuel Tech Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 6 Increased: 5 New Position: 6.

Fuel Tech, Inc. provides boiler optimization, efficiency improvement, and air pollution reduction and control solutions to utility and industrial clients worldwide. The company has market cap of $26.58 million. It operates through Air Pollution Control Technology and FUEL CHEM Technology divisions. It currently has negative earnings. The Air Pollution Control Technology segment reduces nitrogen oxide emissions in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources by low and ultra-low NOx burners; over-fire air systems; NOxOUT and HERT selective non-catalytic reduction systems; advanced selective catalytic reduction (SCR) systems; NOxOUT CASCADE and NOxOUT-SCR processes; ULTRA technology; ammonia injection grid and graduated straightening grid systems; and flue gas conditioning systems.

The stock decreased 5.17% or $0.06 during the last trading session, reaching $1.1. About 42,146 shares traded. Fuel Tech, Inc. (NASDAQ:FTEK) has risen 30.68% since June 18, 2017 and is uptrending. It has outperformed by 18.11% the S&P500.

Grace & White Inc Ny holds 0.32% of its portfolio in Fuel Tech, Inc. for 1.31 million shares. Perritt Capital Management Inc owns 211,300 shares or 0.08% of their US portfolio. Moreover, Elkhorn Partners Limited Partnership has 0.03% invested in the company for 44,900 shares. The Nebraska-based Cambridge Advisors Inc. has invested 0.01% in the stock. Bank Of New York Mellon Corp, a New York-based fund reported 24,238 shares.

Fuel Tech, Inc. (NASDAQ:FTEK) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: