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

Wall Street Zen downgraded shares of Uni-Fuels (NASDAQ:UFG) from a hold rating to a sell rating in a report published on Saturday.

Separately, Weiss Ratings reissued 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 data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Uni-Fuels Stock Down 3.5%

Shares of NASDAQ UFG opened at $1.11 on Friday. Uni-Fuels has a twelve month low of $0.60 and a twelve month high of $11.00. The stock has a fifty day simple moving average of $1.05 and a 200-day simple moving average of $2.50.

Uni-Fuels (NASDAQ:UFG) last posted its earnings results 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.

Hedge Funds Weigh In On Uni-Fuels

A number of institutional investors and hedge funds have recently made changes to their positions in UFG. Marex Group plc purchased a new stake in shares of Uni-Fuels during the second quarter worth approximately $105,000. JPMorgan Chase & Co. acquired a new position in Uni-Fuels during the 3rd quarter worth approximately $399,000. BNP Paribas Financial Markets purchased a new stake in shares of Uni-Fuels in the 3rd quarter valued at approximately $183,000. Quadrature Capital Ltd acquired a new stake in shares of Uni-Fuels in the 3rd quarter valued at $1,384,000. Finally, Squarepoint Ops LLC purchased a new stake in shares of Uni-Fuels during the 3rd quarter worth $107,000.

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.