XCF Global Capital (NASDAQ:SAFX – Get Free Report) issued its quarterly earnings results on Monday. The company reported ($0.04) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.01, Zacks reports. XCF Global Capital had a net margin of 300.85% and a negative return on equity of 588.22%.
XCF Global Capital Stock Performance
Shares of NASDAQ:SAFX opened at $0.44 on Monday. XCF Global Capital has a twelve month low of $0.12 and a twelve month high of $1.55. The company has a market cap of $146.99 million, a PE ratio of -0.65 and a beta of -0.30. The company’s 50 day moving average is $0.42 and its 200 day moving average is $0.38.
Wall Street Analysts Forecast Growth
SAFX has been the subject of several research reports. HC Wainwright initiated coverage on shares of XCF Global Capital in a research note on Tuesday, June 23rd. They set a “buy” rating and a $1.00 price objective for the company. Wall Street Zen upgraded XCF Global Capital from a “sell” rating to a “hold” rating in a research note on Sunday, July 12th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of XCF Global Capital in a research report on Wednesday, August 5th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, XCF Global Capital has an average rating of “Hold” and an average target price of $0.70.
Institutional Trading of XCF Global Capital
Hedge funds and other institutional investors have recently made changes to their positions in the business. State Street Corp lifted its position in XCF Global Capital by 37.3% during the fourth quarter. State Street Corp now owns 256,448 shares of the company’s stock valued at $70,000 after purchasing an additional 69,698 shares during the period. Goldman Sachs Group Inc. boosted its holdings in XCF Global Capital by 379.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 120,789 shares of the company’s stock valued at $33,000 after purchasing an additional 95,596 shares during the last quarter. Deutsche Bank AG grew its position in XCF Global Capital by 315.7% during the 4th quarter. Deutsche Bank AG now owns 199,524 shares of the company’s stock worth $54,000 after purchasing an additional 151,529 shares during the period. Jane Street Group LLC purchased a new position in shares of XCF Global Capital during the 4th quarter valued at about $42,000. Finally, Geode Capital Management LLC raised its stake in shares of XCF Global Capital by 20.5% during the 4th quarter. Geode Capital Management LLC now owns 1,174,455 shares of the company’s stock valued at $321,000 after buying an additional 200,147 shares during the last quarter. Institutional investors and hedge funds own 52.34% of the company’s stock.
About XCF Global Capital
XCF Global Capital Inc is a player in decarbonizing the aviation industry through Sustainable Aviation Fuel. XCF Global Capital Inc, formerly known as Focus Impact BH3 Acquisition Company, is based in RENO, NV.
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