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

Shares of FutureFuel Corp. (NYSE:FF) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $3.69 and traded as high as $4.54. FutureFuel shares last traded at $4.4950, with a volume of 489,049 shares changing hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated 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, FutureFuel currently has a consensus rating of “Sell”.

FutureFuel Trading Down 1.6%

The stock has a market capitalization of $196.88 million, a P/E ratio of -5.69 and a beta of 0.62. The stock’s fifty day moving average price is $3.68 and its two-hundred day moving average price is $3.69.

FutureFuel Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $0.24 annualized dividend and a yield of 5.3%. FutureFuel’s payout ratio is currently -30.38%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of FF. BNP Paribas Financial Markets increased 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 during the period. PNC Financial Services Group Inc. grew 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 acquiring an additional 8,397 shares during the last quarter. Brooklyn Investment Group grew its position in FutureFuel by 4,087.0% during the 3rd quarter. Brooklyn Investment Group now owns 12,854 shares of the energy company’s stock worth $50,000 after acquiring an additional 12,547 shares during the last quarter. Centiva Capital LP purchased a new position in FutureFuel in the 3rd quarter worth approximately $50,000. Finally, Jacobs Levy Equity Management Inc. purchased a new position in FutureFuel in the 3rd quarter worth approximately $51,000. 44.56% of the stock is owned by 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.