Uni-Fuels (NASDAQ:UFG) Issues Quarterly Earnings Results

Uni-Fuels (NASDAQ:UFGGet Free Report) announced its earnings results on Wednesday. The company reported $0.02 earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $98.55 million for the quarter.

Uni-Fuels Price Performance

UFG opened at $0.65 on Friday. The stock has a fifty day moving average price of $0.64 and a 200 day moving average price of $0.79. Uni-Fuels has a 1 year low of $0.45 and a 1 year high of $9.91.

Institutional Investors Weigh In On Uni-Fuels

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Ground Swell Capital LLC bought a new stake in shares of Uni-Fuels in the 4th quarter valued at approximately $61,000. XTX Topco Ltd acquired a new stake in Uni-Fuels in the third quarter valued at approximately $566,000. Citadel Advisors LLC acquired a new stake in Uni-Fuels in the third quarter valued at approximately $106,000. Squarepoint Ops LLC bought a new stake in Uni-Fuels in the third quarter worth approximately $107,000. Finally, Quadrature Capital Ltd bought a new stake in Uni-Fuels in the third quarter worth approximately $1,384,000.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Uni-Fuels in a research report on Wednesday, July 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Uni-Fuels presently has an average rating of “Sell”.

Read Our Latest Research Report on UFG

About Uni-Fuels

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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.

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