Fuel Tech (FTEK) Getting Somewhat Positive Media Coverage, Study Shows
Media headlines about Fuel Tech (NASDAQ:FTEK) have trended somewhat positive on Monday, according to Accern. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Fuel Tech earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned news stories about the industrial products company an impact score of 48.2940322940128 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Fuel Tech’s (FTEK) CEO Vincent Arnone on Q3 2017 Results – Earnings Call Transcript (seekingalpha.com)
- Edited Transcript of FTEK earnings conference call or presentation 14-Nov-17 3:00pm GMT (finance.yahoo.com)
- FUEL TECH, INC. to Host Earnings Call (finance.yahoo.com)
- Fuel Tech Reports 2017 Third Quarter Financial Results (finance.yahoo.com)
Separately, ValuEngine raised Fuel Tech from a “sell” rating to a “hold” rating in a report on Friday, September 22nd.
Fuel Tech (FTEK) remained flat at $$0.97 during mid-day trading on Monday. 10,100 shares of the company traded hands, compared to its average volume of 55,857. Fuel Tech has a 12-month low of $0.70 and a 12-month high of $1.47.
In related news, CEO Vincent J. Arnone purchased 32,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 14th. The stock was purchased at an average cost of $0.92 per share, with a total value of $29,440.00. Following the completion of the acquisition, the chief executive officer now directly owns 304,740 shares in the company, valued at $280,360.80. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider David S. Collins sold 79,998 shares of the stock in a transaction on Friday, September 1st. The stock was sold at an average price of $0.79, for a total value of $63,198.42. The disclosure for this sale can be found here. Insiders bought 70,000 shares of company stock valued at $64,460 over the last three months. Corporate insiders own 13.90% of the company’s stock.
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Fuel Tech Company Profile
Fuel Tech, Inc is a technology company. The Company is engaged in the development, commercialization and application of technologies for air pollution control, process optimization, combustion efficiency and engineering services. It operates through three segments: Air Pollution Control technology, FUEL CHEM technology and Fuel Conversion.
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