Fuel Tech Inc (NASDAQ:FTEK) Sentiment Improved in Q1 2018

July 12, 2018 - By Duane Lopez

Sentiment for Fuel Tech Inc (NASDAQ:FTEK)

Fuel Tech Inc (NASDAQ:FTEK) institutional sentiment increased to 1.38 in Q1 2018. Its up 0.21, from 1.17 in 2017Q4. The ratio has increased, as 11 hedge funds increased or opened new stock positions, while 8 decreased and sold their positions in Fuel Tech Inc. The hedge funds in our partner’s database reported: 5.23 million shares, up from 5.13 million shares in 2017Q4. Also, the number of hedge funds holding Fuel Tech Inc in their top 10 stock 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 $23.81 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 0.51% or $0.005 during the last trading session, reaching $0.985. About 14,642 shares traded. Fuel Tech, Inc. (NASDAQ:FTEK) has risen 30.68% since July 12, 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.

Another recent and important Fuel Tech, Inc. (NASDAQ:FTEK) news was published by Businesswire.com which published an article titled: “Fuel Tech Awarded Air Pollution Control Orders Totaling $2.2 Million” on July 09, 2018.

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

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