Uni-Fuels (NASDAQ:UFG) Cut to “Sell” at Wall Street Zen

Uni-Fuels (NASDAQ:UFG) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Uni-Fuels in a research report on Friday, January 9th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Uni-Fuels currently has an average rating of “Sell”.

Uni-Fuels Price Performance

NASDAQ UFG opened at $1.11 on Friday. The business has a fifty day simple moving average of $1.04 and a 200 day simple moving average of $2.51. Uni-Fuels has a 12 month low of $0.60 and a 12 month high of $11.00.

Uni-Fuels (NASDAQ:UFG) last posted its quarterly earnings data on Tuesday, October 28th. The company reported $0.00 earnings per share (EPS) for the quarter. The firm had revenue of $57.31 million for the quarter.

Institutional Trading of Uni-Fuels

Several hedge funds have recently added to or reduced their stakes in the stock. Citadel Advisors LLC purchased a new stake in shares of Uni-Fuels during the 3rd quarter worth approximately $106,000. Squarepoint Ops LLC purchased a new stake in Uni-Fuels in the third quarter worth $107,000. BNP Paribas Financial Markets bought a new position in shares of Uni-Fuels during the 3rd quarter worth $183,000. Marex Group plc purchased a new stake in Uni-Fuels in the 2nd quarter worth about $105,000. Finally, JPMorgan Chase & Co. purchased a new position in Uni-Fuels in the 3rd quarter valued at approximately $399,000.

Uni-Fuels Company Profile

Uni-Fuels, Inc (NASDAQ: UFG) is an independent developer and marketer of renewable transportation fuels, specializing in biodiesel and renewable diesel. The company sources feedstocks such as soybean oil, used cooking oils and animal fats, converting them through tolling arrangements into fuels that meet ASTM specifications for use in on-road and off-road diesel engines. Uni-Fuels focuses on integrating supply, production and logistics to deliver low-carbon intensity fuels that comply with U.S.