Fuel Tech, Inc.
FTEKIndustrialsNASDAQPollution & Treatment Controls · Last scanned Oct 26, 2026
Scan Results
Daily timeframeFuel Tech, Inc. engages in the development, commercialization, and application of technologies for air pollution control, process optimization, water treatment, and advanced engineering services to utility and. The company carries a $42.7M market cap, placing it firmly in the micro-cap category. The Air Pollution Control Technology segment offers technologies to reduce nitrogen oxide emissions (NOx) in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources; NOxOUT selected non-catalytic reduction and selected catalytic reduction systems, including ammonia injection grid and graduated straightening grid systems; electrostatic precipitator processes and services; ULTRA technology; urea direct injection systems; and flue gas conditioning systems.
Market Cap
$42.7M
Beta
1.28
P/E (TTM)
—
P/E (Fwd)
-27.40
EPS (TTM)
$-0.11
EPS (Fwd)
$-0.05
ROE
-8.9%
ROA
-6.3%
Cash
$19.6M
Total Debt
$533,000
Free CF
-$713,750
52W Change
-50.0%
Annual Financials
Cash vs Debt
Where FTEK stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, FTEK finished 9.27% below its 150-day moving average ($1.51) and 8.05% below its 200-day moving average ($1.49). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is FTEK overbought or oversold?
At the October 20, 2026 close, FTEK's RSI(14) was 23.5, in oversold territory (below 30). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
Fuel Tech, Inc. holds $19.6M in cash against $533K in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Free cash flow is running at -$714K, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at -8.9%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has been relatively flat, moving from $26.9M (2022) to $26.7M (2025).
With cash comfortably exceeding debt, FTEK has financial flexibility that may help navigate uncertain periods. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing FTEK.