Insider Trading Roundup: Fuel Tech, Inc. $FTEK

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Fuel Tech, Inc. (FTEK) insider have most recently took part in a trading activity. On Sep 15, 2017 Arnone Vincent J, President & CEO bought 18,000 shares having total worth of $16,920 at the price of $0.94 per share, following the transaction a total of 322,740 shares owned by Arnone Vincent J. Before this latest buy, Arnone Vincent J purchased FTEK at 1 other times during the past twelve months, for a total investment of $29,440 at an average of $0.92 per share.

The stock has experienced a total of 4 insider trades in the past three months. These trades include 1 sell activities and 3 buy trades. Furthermore, over the past 12 months , the stock was traded 4 times by insiders. In 1 of these trades, the insider was a seller while an employee of the company was the buyer in 3 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 3 1 18.18%
12 Month 3 1 -45.18%

Shares of Fuel Tech, Inc. (FTEK) traded down 2.15% on Sep 15, 2017, hitting $0.91. 133,086 shares of the company’s stock traded hands. Fuel Tech, Inc. has a 52 week low of $0.76 and a 52 week high of $1.75. The company’s market cap is $34 million.

Fuel Tech, Inc. (FTEK) last announced its earnings results on Aug 14, 2017. The company reported -0.05 earnings per share (EPS) for the quarter. The company had revenue of $10 million for the quarter During the same quarter in the previous year, the company posted -0.11 earnings per share. The company’s revenue for the quarter was down 36% on a year-over-year basis.

2017-08-14 2017-05-11 2017-03-14 2016-11-08 2016-08-09 2016-05-10 2016-03-23 2015-11-05 2015-08-10 2015-05-11
earnings per share -0.05 -0.11 -0.19 -0.07 -0.11 -0.11 -0.07 -0.01 -0.06 -0.07
Revenue(M) 9.74 8.49 9.57 12.6 15.18 17.82 18.2 21.68 18.68 15.1

Fuel Tech, Inc. was originally incorporated in 1987 under the laws of the Netherlands Antilles as Fuel-Tech N.V., Fuel Tech became domesticated in the United States on September 30, 2006, and continues as a Delaware corporation. The Company provides engineering solutions for the optimization of combustion systems in utility and industrial applications. The Company has two technology segments that provide engineering solutions to meet the pollution control, efficiency improvement and operational optimization needs of energy-related facilities worldwide. The segments are: Air Pollution Control Technologies and FUEL CHEM Technologies. The Air Pollution Control technology segment focuses mainly on nitrogen oxide (NOx) emission reductions in flue gas from boilers, incinerators, furnaces and other stationary combustion sources and includes the NOxOUT, NOxOUT CASCADE, GSG, NOxOUT ULTRA and NOxOUT-SCR processes.The FUEL CHEM technology segment uses chemical processes, including TIFI Targeted In-Furnace Injection technology, to control slagging, fouling and corrosion, as well as the formation of sulfur trioxide, ammonium bisulfate, particulate matter (PM2.5), carbon dioxide, NOx and unburned carbon in fly ash in furnaces and boilers. The FUEL CHEM program improves the efficiency, reliability and environmental status of plants operating in the electric utility, industrial, pulp and paper, waste-to-energy, university and district heating markets and offers numerous operational, financial and environmental benefits to owners of boilers, furnaces and other combustion units. The key market dynamic for both technology segments is the continued use of fossil fuels, especially coal, as the main fuel source for global electricity production. Fuel Tech distributes its products through its direct sales force, licensees and agents.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.