Fuel Tech, Inc. (FTEK, Financial) experienced significant stock movement with a 5.14% increase in its share price, reaching $1.13. The trading volume was 218,517 shares, with a turnover rate of 0.71% and a price fluctuation of 4.21%.
Recent financial reports reveal that Fuel Tech generated $7.85 million in revenue, with a net profit of $80,000, resulting in an earnings per share of $0.00. The gross profit stood at $3.31 million, and the price-to-earnings ratio was -50.91. Currently, no institutional ratings are available for buying, holding, or selling the stock.
Within the pollution control industry, where Fuel Tech operates, the overall growth was 0.01%. Notable stocks with significant gains include Clearsign Technologies Corporation and Purecycle Technologies Inc C/Wts 17/03/2026 (To Pur Com), alongside Fuel Tech. Active stocks in this sector include Cleancore Solutions Inc., Purecycle Technologies, Inc., and Fuel Tech, with turnover rates of 1.01%, 0.80%, and 0.72%, respectively. Stocks with notable price fluctuations include Cleancore Solutions Inc. at 13.47%, 374Water Inc. at 13.23%, and Aduro Clean Technologies Inc. at 13.11%.
Fuel Tech is a U.S.-based company providing advanced technologies to optimize boiler efficiency and reduce air pollution for global utility and industrial clients. It operates through two main segments: Air Pollution Control and Fuel Chemistry. The Air Pollution Control segment focuses on reducing nitrogen oxides in flue gases from boilers, incinerators, and furnaces. The Fuel Chemistry segment uses chemical processes and advanced computational fluid dynamics to address issues like slagging, fouling, corrosion, and opacity in boilers.
