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Birchtech ( (BCHT) ) has shared an update.
Birchtech Corp. has announced a non-exclusive licensing agreement with a large regional coal-fired utility to use its patented mercury emissions reduction technologies. This agreement marks the 14th successful license with coal-fired utilities, enhancing Birchtech’s industry positioning and supporting its expansion into comprehensive water treatment solutions, ultimately providing long-term value for shareholders.
The most recent analyst rating on (BCHT) stock is a Buy with a $3.00 price target. To see the full list of analyst forecasts on Birchtech stock, see the BCHT Stock Forecast page.
Spark’s Take on BCHT Stock
According to Spark, TipRanks’ AI Analyst, BCHT is a Neutral.
Birchtech faces substantial financial challenges, including negative equity and volatile revenue, despite some cash flow improvements. Technical indicators are bearish, and the stock’s valuation lacks appeal with no dividend and negative earnings. The market’s neutral response to the latest earnings call provides little additional insight. Overall, the stock score reflects these mixed factors, with significant concerns overshadowing the positives.
To see Spark’s full report on BCHT stock, click here.
More about Birchtech
Birchtech Corp. is a leader in specialty activated carbon technologies, focusing on sustainable air and water purification solutions. The company provides patented SEA® sorbent technologies for mercury emissions capture in the coal-fired utility sector and is developing innovative water purification technologies targeting forever chemicals like PFAS and PFOS.
Average Trading Volume: 99,489
Technical Sentiment Signal: Buy
Current Market Cap: $65.09M
Find detailed analytics on BCHT stock on TipRanks’ Stock Analysis page.