FutureFuel Corp. (NYSE:FF – Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $3.85 and traded as high as $4.67. FutureFuel shares last traded at $4.5950, with a volume of 119,143 shares trading hands.
Analyst Ratings Changes
Several brokerages recently weighed in on FF. Weiss Ratings reaffirmed a “sell (d)” rating on shares of FutureFuel in a research report on Tuesday, April 21st. Wall Street Zen raised shares of FutureFuel from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 16th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.
Check Out Our Latest Stock Report on FF
FutureFuel Stock Up 0.8%
FutureFuel (NYSE:FF – Get Free Report) last released 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 firm had revenue of $31.95 million during the quarter.
FutureFuel Cuts Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be given a $0.01 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.9%. FutureFuel’s dividend payout ratio (DPR) is currently -3.36%.
Insider Activity at FutureFuel
In related news, CEO Roeland Polet bought 10,000 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The shares were acquired at an average price of $4.28 per share, with a total value of $42,800.00. Following the completion of the transaction, the chief executive officer owned 35,000 shares of the company’s stock, valued at $149,800. The trade was a 40.00% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 42.40% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On FutureFuel
A number of institutional investors and hedge funds have recently bought and sold shares of FF. BNP Paribas Financial Markets increased its position in FutureFuel by 226.0% during the third quarter. BNP Paribas Financial Markets now owns 9,038 shares of the energy company’s stock worth $35,000 after acquiring an additional 6,266 shares during the period. Brooklyn Investment Group increased its position in FutureFuel by 4,087.0% during the third 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 period. Centiva Capital LP bought a new position in FutureFuel during the third quarter worth $50,000. Jacobs Levy Equity Management Inc. bought a new position in FutureFuel during the third quarter worth $51,000. Finally, HRT Financial LP bought a new position in FutureFuel during the fourth quarter worth $56,000. Institutional investors own 44.56% of the company’s stock.
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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