Boston, MA 03/13/2014 (wallstreetpr) – Fuel Tech Inc. (NASDAQ:FTEK) shares continue to hurt after the company came up with disappointing results for its fourth quarter and fiscal 2013. The shares last changed hands at $5.62, having gone down 1.4 percent Wednesday. The last session saw a heavy volume than normal being traded with investors willing to buy or sell the shares at the lowest price of $5.43 and highest price of $5.78 on the day. The downfall of the stock Wednesday was a continuation of bad things that have characterized Fuel Tech Inc. (NASDAQ:FTEK) since it revealed poor performance figures. The company announced earning 2 cents per share in the fourth quarter at a time when analysts had estimated earnings of 6 cents. Revenue for the fourth quarter also declined almost 9 percent to $24.2 million. The full-year data was not any better EPS was 23 cents on $109 million revenue.
Real Goods Solar, Inc. (NASDAQ:RGSE) which functions in the solar energy business was not very lucky in the last session. Shares of the company which have seen a string of excitement in the past were last seen at $4.39, down 2.01 percent. The Wednesday trading was characterized with large volume of shares changing hands, but fell short of the daily average volume. The shares were traded between $4.30 and $4.65 on the day. Real Goods Solar, Inc. (NASDAQ:RGSE) is scheduled to release its fourth quarter performance results March 31, and analysts are forecasting a net loss of $2.2 million or $0.06 per share on total sales of $33.45 million.
Ambarella Inc (NASDAQ:AMBA) executives can be seen booking profits after the stock had a nice run in the past days and more especially after the most recent quarter results. The latest insider trading filing reveal that George Laplante who is the chief financial officer sold 60,000 shares at the average price of $30.85. The transaction which occurred Tuesday saw the executive taking home roughly $1.85 million in proceeds. With this transaction noted, the CFO now owns about 48,337 shares of Ambarella Inc (NASDAQ:AMBA) whose approximate value is $1.5 million.
