Uni-Fuels (NASDAQ:UFG) Upgraded at Wall Street Zen

Uni-Fuels (NASDAQ:UFG) was upgraded by equities researchers at Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Sunday.

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

Uni-Fuels Price Performance

Shares of Uni-Fuels stock opened at $1.16 on Friday. The business has a 50-day moving average price of $1.06 and a 200 day moving average price of $2.45. Uni-Fuels has a fifty-two week low of $0.60 and a fifty-two week high of $11.00.

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

Institutional Investors Weigh In On Uni-Fuels

Several hedge funds and other institutional investors have recently bought and sold shares of UFG. Quadrature Capital Ltd acquired a new stake in Uni-Fuels during the third quarter valued at approximately $1,384,000. Cantor Fitzgerald L. P. acquired a new stake in shares of Uni-Fuels during the 3rd quarter valued at $1,010,000. Ground Swell Capital LLC bought a new stake in shares of Uni-Fuels during the 4th quarter worth $61,000. XTX Topco Ltd bought a new stake in shares of Uni-Fuels during the 3rd quarter worth $566,000. Finally, JPMorgan Chase & Co. acquired a new position in shares of Uni-Fuels in the 3rd quarter worth $399,000.

About Uni-Fuels

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.