CECO Environmental Corp. (CECE), Fuel Tech Inc. (FTEK): Which Environment Guardian is Ripe for Investing In?

Who’s got momentum and efficiency?

The top-line growth of Calgon Carbon Corporation (NYSE:CCC) sure appears robust, an apparent egg-on for some hedge funds that initiated action on its stock. The company also demonstrated its superior technology recently when the ballast water treatment system (BTWS) of its Hyde Marine unit became the first BTWS that the U.S. Coast Guard approved as alternate water management system.

What’s worrisome, particularly to value investors, is its 40 P/E ratio, making Calgon Carbon Corporation (NYSE:CCC) the most expensive among the three. Its upward momentum likewise seems to have dissipated, with shares currently trading well above a $16 one-year target price.

Meanwhile, it’s encouraging that Fuel Tech Inc. (NASDAQ:FTEK) continues to win new customers, which also bodes well for TEEB objectives. The company, for instance, received several orders for air pollution control equipment worth a total of $4.3 million recently, the largest of which came from a utility company in the U.S. Midwest.

Fuel Tech Inc. (NASDAQ:FTEK), however, would appear as a scrub for being the least efficient among the three. Moreover, it appears expensive as well, at the $4.01 to $4.28 band it is trading between so far in April.

Wrapping it up for CECO

Therefore, CECO Environmental Corp. (NASDAQ:CECE) would be the most preferred choice as indicated in its solid metrics and prospects. Additionally, positioning for this stock, hovering between the $10.75 and $13.18 level in April, still looks ample, bearing in mind its 52-week low–high range of $6.41 to $14.32.

The article Which Environment Guardian is Ripe for Investing In? originally appeared on Fool.com.

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