Fuel Tech stock: buy or sell?
May 21st, 2019
Fuel Tech, Inc. provides boiler optimization, efficiency improvement, and air pollution reduction and control solutions to utility and industrial customers worldwide.
Should I buy Fuel Tech stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Following a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, Fuel Tech stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Fuel Tech stock a buy?
Banks and financial institutions publish stock ratings everyday.At Stocks2.com, we detected 2 ratings published for FTEK stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
Fuel Tech stock analysis
After sliding a spooky -5.96% yesterday, Fuel Tech closed today at $1.50 and depreciated an ugly -0.66%.
After sliding a spooky -5.96% yesterday, Fuel Tech closed today at $1.50 and depreciated an ugly -0.66%. Since last February when FTEK stock price broke up the SMA200d line, it gained $0.32 (27.12%). FTEK marked a lower low and a lower high in the short term, defining a downward trend. Climbing above $2.72 would break this short term down trend and open possibilities for reversing this situation. On March, SMA50d and SMA100d crossed up triggering a rise of 14.50%.
Fuel Tech shares plunged -6.25% this week, ending at $1.50. Early May FTEK climbed an outstanding 6.15% in just one week.
Fuel Tech is now in fresh lows to find new supports after falling under the support. Trading stocks that are below the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support. Since SMA20d and SMA40w crossed up early December, FTEK price climbed $0.29 per share (23.97%).
Fuel Tech stock price history
Fuel Tech IPO was on September 7th, 1993 at $7.75 per share1. Since then, FTEK stock sliced a -80.60%, with a yearly average of -3.20%.
1: Adjusted price after possible price splits or reverse-splits.
Fuel Tech stock historical price chart
FTEK stock reached 52-week highs on April/9 at $3.06, and all-time highs 2007-06-21 with a price of 38.2.
Fuel Tech stock price target is $2.00Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we found 2 price predictions for FTEK stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince last March, when Fuel Tech presented its last earnings report, it climbed a great 14.50%. As soon as we get its posted EPS from the earnings report, we will extend this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw a dazzling gain of 25.17% to $56.54 million USD. When comparing 2018 vs 2017, in line, profit margin (that is, the net income divided by revenues) climbed a 23.09% to -0.05%.
|2013||$109 M||-||$5.10 M4.7%||-|
|2014||$79 M||-27.73%||$-17.73 M-22.4%||-447.55%|
|2015||$74 M||-6.77%||$-12.38 M-16.8%||-30.16%|
|2016||$55 M||-25.12%||$-17.39 M-31.5%||40.45%|
|2017||$45 M||-18.12%||$-10.45 M-23.1%||-39.91%|
|2018||$57 M||25.17%||$-0.03 M-0.0%||-99.73%|
Quarterly financial resultsFuel Tech posted $15.83 M in revenues for 2018-Q4, a -1.51% decline compared to previous quarter. Reported quarter earnings marked $0.90 million with a profit margin of 5.66%. Profit margin stayed steady a -0.84% compared to previous quarter when profit margin was 6.50%. When comparing sales to same quarter last year, Fuel Tech sales marked a super good increase and rocketed a 18.24%.
|2017-Q1||$8 M||-||$-2.51 M-29.6%||-|
|2017-Q2||$10 M||14.72%||$-5.59 M-57.4%||122.71%|
|2017-Q3||$14 M||39.10%||$-0.42 M-3.1%||-92.54%|
|2017-Q4||$13 M||-1.20%||$-1.21 M-9.0%||189.21%|
|2018-Q1||$13 M||-4.44%||$-0.22 M-1.7%||-82.09%|
|2018-Q2||$12 M||-7.38%||$-1.75 M-14.8%||711.57%|
|2018-Q3||$16 M||35.65%||$1.05 M6.5%||-159.61%|
|2018-Q4||$16 M||-1.51%||$0.90 M5.7%||-14.26%|
Fuel Tech ownershipWhen you are planning to buy a company, it's worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Fuel Tech, 28.15% of all outstanding shares are owned by its staff.
In case of Fuel Tech stock, 23.36% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for FTEK stock account 0.00%, no big difference from last month.
For a better context understanding, the following table shows ownership data compared to other related companies:
|Market cap||$36.3 M||$327.7 M||$6.4 B||$4.9 B|
|Total shares||24.2 M||35.1 M||127.7 M||135.5 M|
|Float shares||17.0 M||25.6 M||127.2 M||126.2 M|
|- Institutional holdings (%)||23.4%||67.7%||82.1%||107.2%|
|- Insider holdings (%)||28.1%||13.5%||0.4%||0.8%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%|
Fuel Tech summary
|Tuesday, May 21st, 2019|
|Day range||$1.47 - $1.57|
|Average true range||$0.24|
|50d mov avg||$2.10|
|100d mov avg||$1.67|
|200d mov avg||$1.45|
Fuel Tech performanceTo measure stock performance is always good to benchmark with competitors or related stocks. In the following table, we compare Fuel Tech performance to CECO Environmental, Donaldson and Entegris: