XCF Global Capital (NASDAQ:SAFX) Trading 44.1% Higher – Still a Buy?

XCF Global Capital, Inc. (NASDAQ:SAFX)’s share price rose 44.1% on Thursday . The company traded as high as $0.2726 and last traded at $0.2517. Approximately 31,326,852 shares traded hands during mid-day trading, an increase of 318% from the average daily volume of 7,485,975 shares. The stock had previously closed at $0.1747.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings began coverage on XCF Global Capital in a research note on Wednesday, January 14th. They issued a “sell (d-)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

XCF Global Capital Trading Up 44.1%

The company has a current ratio of 0.11, a quick ratio of 0.09 and a debt-to-equity ratio of 1.01. The stock has a market capitalization of $52.43 million, a price-to-earnings ratio of -0.41 and a beta of -0.13.

Insider Buying and Selling at XCF Global Capital

In related news, major shareholder Randy Soule sold 1,000,000 shares of the firm’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $0.16, for a total value of $160,000.00. Following the transaction, the insider directly owned 76,628,648 shares of the company’s stock, valued at approximately $12,260,583.68. This trade represents a 1.29% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.12% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On XCF Global Capital

Hedge funds have recently made changes to their positions in the company. Polar Asset Management Partners Inc. boosted its stake in shares of XCF Global Capital by 51.0% in the fourth quarter. Polar Asset Management Partners Inc. now owns 2,131,109 shares of the company’s stock worth $582,000 after acquiring an additional 720,000 shares during the last quarter. Geode Capital Management LLC lifted its holdings in XCF Global Capital by 20.5% in the 4th quarter. Geode Capital Management LLC now owns 1,174,455 shares of the company’s stock valued at $321,000 after purchasing an additional 200,147 shares in the last quarter. State Street Corp boosted its stake in XCF Global Capital by 37.3% during the 4th quarter. State Street Corp now owns 256,448 shares of the company’s stock worth $70,000 after purchasing an additional 69,698 shares during the last quarter. Deutsche Bank AG grew its holdings in shares of XCF Global Capital by 315.7% during the fourth quarter. Deutsche Bank AG now owns 199,524 shares of the company’s stock worth $54,000 after buying an additional 151,529 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of XCF Global Capital in the fourth quarter valued at about $42,000. Institutional investors and hedge funds own 52.34% of the company’s stock.

XCF Global Capital Company Profile

XCF Global Capital Inc is a player in decarbonizing the aviation industry through Sustainable Aviation Fuel. XCF Global Capital Inc, formerly known as Focus Impact BH3 Acquisition Company, is based in RENO, NV.