Fuel Tech Inc’s recent filing unveils that its Director Jones Sharon L acquired Company’s shares for reported $8656.0 on Nov 19 ’24. In the deal valued at $1.08 per share,8,014 shares were bought. As a result of this transaction, Jones Sharon L now holds 96,600 shares worth roughly $ 0.11 million.
Then, Jones Sharon L bought 9,800 shares, generating $10,290 in total proceeds. Upon buying the shares at $1.05, the Director now owns 88,585 shares.
Before that, Jones Sharon L bought 4,200 shares. Fuel Tech Inc shares valued at $4,410 were divested by the Director at a price of $1.05 per share. As a result of the transaction, Jones Sharon L now holds 78,785 shares, worth roughly $85875.65000000001.
H.C. Wainwright downgraded its Fuel Tech Inc [FTEK] rating to a Neutral from a a Buy in a research note published recently. Avondale also remained covering FTEK and has increased its forecast on June 09, 2010 with a “Mkt outperform” recommendation from previously “Mkt perform” rating. Brean Murray started covering the stock on October 16, 2009. It rated FTEK as “a Buy”.
Price Performance Review of FTEK
On Tuesday, Fuel Tech Inc [NASDAQ:FTEK] saw its stock jump 17.84% to $1.09. Over the last five days, the stock has gained 15.91%. Fuel Tech Inc shares have risen nearly 3.81% since the year began. Nevertheless, the stocks have fallen -2.68% over the past one year. While a 52-week high of $1.34 was reached on 02/18/25, a 52-week low of $0.91 was recorded on 02/13/25. SMA at 50 days reached $1.0065, while 200 days put it at $1.0461.
Levels Of Support And Resistance For FTEK Stock
The 24-hour chart illustrates a support level at 0.9533, which if violated will result in even more drops to 0.8167. On the upside, there is a resistance level at 1.1883. A further resistance level may holdings at 1.2867. The Relative Strength Index (RSI) on the 14-day chart is 66.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0178, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 25.00%. Stochastics %K at 35.00% indicates the stock is a holding.
