FutureFuel Corp. (NYSE:FF – Get Free Report) CEO Roeland Polet purchased 10,000 shares of the stock in a transaction that occurred on Thursday, June 4th. The shares were acquired at an average price of $4.28 per share, for a total transaction of $42,800.00. Following the completion of the transaction, the chief executive officer directly owned 35,000 shares of the company’s stock, valued at $149,800. The trade was a 40.00% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
FutureFuel Trading Up 0.8%
FF opened at $4.39 on Monday. The firm has a market capitalization of $192.33 million, a PE ratio of -3.68 and a beta of 0.83. FutureFuel Corp. has a twelve month low of $3.09 and a twelve month high of $5.12. The firm’s 50-day moving average price is $4.23 and its 200 day moving average price is $3.81.
FutureFuel (NYSE:FF – Get Free Report) last posted its quarterly earnings results on Monday, May 11th. The energy company reported ($0.47) EPS for the quarter. FutureFuel had a negative net margin of 47.51% and a negative return on equity of 32.51%. The company had revenue of $31.95 million during the quarter.
FutureFuel Cuts Dividend
Hedge Funds Weigh In On FutureFuel
Institutional investors and hedge funds have recently bought and sold shares of the company. BNP Paribas Financial Markets boosted its holdings in FutureFuel by 226.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 9,038 shares of the energy company’s stock valued at $35,000 after purchasing an additional 6,266 shares during the last quarter. Brooklyn Investment Group lifted its holdings in shares of 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 acquiring an additional 12,547 shares during the last quarter. Centiva Capital LP acquired a new position in shares of FutureFuel in the 3rd quarter worth approximately $50,000. Jacobs Levy Equity Management Inc. acquired a new position in shares of FutureFuel in the 3rd quarter worth approximately $51,000. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of FutureFuel by 50.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 15,043 shares of the energy company’s stock worth $58,000 after acquiring an additional 5,053 shares during the last quarter. 44.56% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
FF has been the subject of a number of recent research reports. Wall Street Zen raised FutureFuel from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 16th. Weiss Ratings reiterated a “sell (d)” rating on shares of FutureFuel in a report on Tuesday, April 21st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.
Check Out Our Latest Report on FutureFuel
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.
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