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SMF Energy Corp (NASDAQ:FUEL) shares hit a new 52-week low during mid-day trading on Friday , Analyst Ratings Net reports. The company traded as low as $32.15 and last traded at $32.20, with a volume of 500,812 shares traded. The stock had previously closed at $35.22.

A number of analysts have recently weighed in on FUEL shares. Analysts at BMO Capital Markets upgraded shares of SMF Energy Corp from a “market perform” rating to an “outperform” rating in a research note on Monday, April 7th. They now have a $58.00 price target on the stock. Separately, analysts at Evercore Partners cut their price target on shares of SMF Energy Corp from $55.00 to $40.00 in a research note on Monday, March 31st. They now have an “underweight” rating on the stock. Finally, analysts at Goldman Sachs initiated coverage on shares of SMF Energy Corp in a research note on Monday, February 10th. They set a “buy” rating and a $69.00 price target on the stock. One research analyst has rated the stock with a sell rating, one has issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $59.55.

The stock’s 50-day moving average is $43.53 and its 200-day moving average is $52.25. The company’s market cap is $1.088 billion.

SMF Energy Corp (NASDAQ:FUEL) last released its earnings data on Thursday, February 20th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.05. The company had revenue of $85.60 million for the quarter, compared to the consensus estimate of $81.73 million. On average, analysts predict that SMF Energy Corp will post $-0.29 earnings per share for the current fiscal year.

SMF Energy Corporation provides petroleum product distribution services, transportation logistics and emergency response services to the trucking, manufacturing, construction, shipping, utility, energy, chemical, telecommunications and government services industries.

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