FutureFuel (NYSE:FF) Stock Price Passes Above 200 Day Moving Average – Here’s What Happened

FutureFuel Corp. (NYSE:FF) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $3.63 and traded as high as $3.79. FutureFuel shares last traded at $3.75, with a volume of 119,058 shares.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of FutureFuel in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, FutureFuel has an average rating of “Sell”.

FutureFuel Stock Performance

The company has a market capitalization of $164.25 million, a P/E ratio of -4.75 and a beta of 0.70. The stock has a fifty day moving average of $3.38 and a 200 day moving average of $3.63.

FutureFuel Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend is Wednesday, March 4th. FutureFuel’s dividend payout ratio is currently -30.38%.

Insider Buying and Selling

In other news, CEO Roeland Polet purchased 15,000 shares of the company’s stock in a transaction on Thursday, November 20th. The stock was acquired at an average cost of $3.20 per share, for a total transaction of $48,000.00. Following the completion of the transaction, the chief executive officer directly owned 25,000 shares in the company, valued at $80,000. This trade represents a 150.00% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 42.40% of the company’s stock.

Institutional Investors Weigh In On FutureFuel

A number of institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets lifted its holdings in shares of FutureFuel by 226.0% in the third quarter. BNP Paribas Financial Markets now owns 9,038 shares of the energy company’s stock worth $35,000 after buying an additional 6,266 shares in the last quarter. Nisa Investment Advisors LLC grew its stake in FutureFuel by 740.5% during the second quarter. Nisa Investment Advisors LLC now owns 9,800 shares of the energy company’s stock valued at $38,000 after acquiring an additional 8,634 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in FutureFuel by 527.1% in the 2nd quarter. PNC Financial Services Group Inc. now owns 9,990 shares of the energy company’s stock valued at $39,000 after acquiring an additional 8,397 shares during the last quarter. Brooklyn Investment Group lifted its stake in FutureFuel by 4,087.0% in the 3rd quarter. Brooklyn Investment Group now owns 12,854 shares of the energy company’s stock worth $50,000 after purchasing an additional 12,547 shares in the last quarter. Finally, Centiva Capital LP purchased a new stake in FutureFuel in the 3rd quarter worth $50,000. 44.56% of the stock is owned by hedge funds and other institutional investors.

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.