FutureFuel (NYSE:FF) Upgraded to Strong-Buy at StockNews.com

StockNews.com upgraded shares of FutureFuel (NYSE:FFGet Rating) from a buy rating to a strong-buy rating in a research report sent to investors on Wednesday morning.

Shares of FF stock opened at $6.91 on Wednesday. The business’s 50 day moving average is $9.49 and its two-hundred day moving average is $8.35. FutureFuel has a twelve month low of $6.15 and a twelve month high of $16.49. The company has a market capitalization of $302.40 million, a P/E ratio of 10.47 and a beta of 0.77.

FutureFuel (NYSE:FFGet Rating) last posted its quarterly earnings results on Tuesday, March 15th. The energy company reported $0.51 EPS for the quarter. The business had revenue of $107.07 million during the quarter. FutureFuel had a return on equity of 8.93% and a net margin of 8.17%.

Several institutional investors and hedge funds have recently bought and sold shares of FF. BlackRock Inc. raised its holdings in shares of FutureFuel by 5.8% in the fourth quarter. BlackRock Inc. now owns 4,384,225 shares of the energy company’s stock worth $33,495,000 after acquiring an additional 239,714 shares during the last quarter. Renaissance Technologies LLC grew its position in shares of FutureFuel by 1.3% in the third quarter. Renaissance Technologies LLC now owns 1,972,031 shares of the energy company’s stock valued at $14,061,000 after purchasing an additional 25,431 shares during the period. State Street Corp grew its position in shares of FutureFuel by 4.3% in the fourth quarter. State Street Corp now owns 1,091,492 shares of the energy company’s stock valued at $8,339,000 after purchasing an additional 45,132 shares during the period. Geode Capital Management LLC grew its position in shares of FutureFuel by 12.3% in the fourth quarter. Geode Capital Management LLC now owns 505,170 shares of the energy company’s stock valued at $3,859,000 after purchasing an additional 55,150 shares during the period. Finally, Bank of New York Mellon Corp grew its position in FutureFuel by 6.7% during the third quarter. Bank of New York Mellon Corp now owns 503,881 shares of the energy company’s stock valued at $3,592,000 after acquiring an additional 31,421 shares during the period. 46.74% of the stock is owned by institutional investors and hedge funds.

FutureFuel Company Profile (Get Rating)

FutureFuel Corp., through its subsidiary, FutureFuel Chemical Company, manufactures and sells diversified chemical, bio-based fuel, and bio-based specialty chemical products in the United States. The company operates through two segments, Chemicals and Biofuels. The Chemicals segment provides various custom chemicals that are used in the agricultural chemical, coatings, chemical intermediates, industrial and consumer cleaning, oil and gas, and specialty polymers industries; and performance chemicals, such as polymer modifiers, glycerin products, and various specialty chemicals and solvents.

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