FutureFuel (NYSE:FF) issued its quarterly earnings results on Friday. The energy company reported $0.22 earnings per share (EPS) for the quarter, Morningstar.com reports. The business had revenue of $81.42 million for the quarter. FutureFuel had a net margin of 22.12% and a return on equity of 14.61%.
NYSE FF traded down $0.37 on Friday, hitting $16.55. 182,631 shares of the company were exchanged, compared to its average volume of 124,956. The company has a market cap of $744.06 million, a price-to-earnings ratio of 13.94 and a beta of 1.73. FutureFuel has a 1-year low of $11.32 and a 1-year high of $18.97.
Hedge funds and other institutional investors have recently modified their holdings of the stock. GSA Capital Partners LLP lifted its position in FutureFuel by 145.2% during the 2nd quarter. GSA Capital Partners LLP now owns 75,600 shares of the energy company’s stock worth $1,059,000 after buying an additional 44,768 shares in the last quarter. Strs Ohio lifted its position in FutureFuel by 9.9% during the 2nd quarter. Strs Ohio now owns 44,500 shares of the energy company’s stock worth $623,000 after buying an additional 4,000 shares in the last quarter. Bailard Inc. acquired a new position in FutureFuel during the 2nd quarter worth about $629,000. Dimensional Fund Advisors LP lifted its position in FutureFuel by 4.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,389,487 shares of the energy company’s stock worth $33,477,000 after buying an additional 94,126 shares in the last quarter. Finally, Ingalls & Snyder LLC acquired a new position in FutureFuel during the 3rd quarter worth about $5,552,000. Institutional investors and hedge funds own 46.16% of the company’s stock.
FutureFuel Corp., through its subsidiaries, manufactures and sells diversified chemical products, bio-based products, and bio-based specialty chemical products in the United States. It operates in two segments, Chemicals and Biofuels. The Chemicals segment manufactures and sells custom chemicals, including agrochemicals and intermediates, detergent additives, biocides intermediates, specialty polymers, dyes, stabilizers, and chemicals intermediates; and chemicals used in consumer products consisting of cosmetics and personal care products, specialty polymers, and specialty products used in the fuels industry.
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