FutureFuel Corp. (NYSE:FF – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $3.70 and traded as high as $4.31. FutureFuel shares last traded at $3.9910, with a volume of 1,122,438 shares traded.
Analyst Ratings Changes
Separately, Weiss Ratings reissued a “sell (d)” rating on shares of FutureFuel in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.
FutureFuel Trading Down 6.5%
FutureFuel (NYSE:FF – Get Free Report) last released its earnings results on Monday, March 16th. The energy company reported ($0.27) earnings per share for the quarter. FutureFuel had a negative return on equity of 27.66% and a negative net margin of 51.59%.The firm had revenue of $19.84 million for the quarter.
Hedge Funds Weigh In On FutureFuel
Several large investors have recently bought and sold shares of FF. Empowered Funds LLC increased its position in shares of FutureFuel by 7.4% during the first quarter. Empowered Funds LLC now owns 250,502 shares of the energy company’s stock valued at $977,000 after purchasing an additional 17,192 shares during the period. Jane Street Group LLC grew its position in FutureFuel by 447.4% during the 1st quarter. Jane Street Group LLC now owns 61,481 shares of the energy company’s stock worth $240,000 after acquiring an additional 50,249 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in FutureFuel by 527.1% during the 2nd quarter. PNC Financial Services Group Inc. now owns 9,990 shares of the energy company’s stock worth $39,000 after buying an additional 8,397 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of FutureFuel by 10.7% in the second quarter. Geode Capital Management LLC now owns 958,499 shares of the energy company’s stock valued at $3,720,000 after purchasing an additional 92,481 shares in the last quarter. Finally, Mosaic Family Wealth Partners LLC increased its position in FutureFuel by 47.5% in the second quarter. Mosaic Family Wealth Partners LLC now owns 15,548 shares of the energy company’s stock worth $60,000 after purchasing an additional 5,009 shares during the period. 44.56% of the stock is currently owned by institutional investors and hedge funds.
About FutureFuel
FutureFuel Corporation (NYSE: FF) operates as a specialty chemicals and biofuels producer, combining industrial chemistry with renewable energy solutions. Through its wholly owned subsidiary, FutureFuel Chemical Company, it manufactures a diverse portfolio of chemical products that serve fiber and textile applications, agricultural markets, water treatment processes and industrial coatings. In parallel, the company produces biodiesel using vegetable oils and animal fats as feedstocks, supplying both wholesale fuel distributors and commercial users seeking lower-carbon fuel alternatives.
The company’s manufacturing hub is located in Decatur, Arkansas, on a site originally constructed as an ordnance plant during World War II.
Further Reading
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