Somewhat Favorable News Coverage Somewhat Unlikely to Affect Fuel Tech (FTEK) Share Price
News headlines about Fuel Tech (NASDAQ:FTEK) have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Fuel Tech earned a news impact score of 0.11 on Accern’s scale. Accern also gave media coverage about the industrial products company an impact score of 44.3290738616952 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Fuel Tech (FTEK) traded up $0.02 during trading on Wednesday, reaching $0.98. The company had a trading volume of 71,700 shares, compared to its average volume of 55,496. Fuel Tech has a 52-week low of $0.70 and a 52-week high of $1.47.
Separately, ValuEngine upgraded Fuel Tech from a “sell” rating to a “hold” rating in a research note on Friday, September 22nd.
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About Fuel Tech
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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