FutureFuel Corp. (NYSE:FF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Monday.

According to Zacks, “FutureFuel Chemical Company manufacturers diversified chemical products and biobased products comprised of biofuels and biobased specialty chemical products. The Biofuel product segment is focused on the production and commercialization of biodiesel while products offered by the chemical business segment mainly includes bleach activator, herbicide and performance chemicals. FutureFuel Chemical Company is based in Arkansas, USA. “

FutureFuel Corp. (NYSE:FF) traded up 3.02% during midday trading on Monday, reaching $11.95. 106,623 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $11.33 and a 200-day moving average of $11.19. The stock has a market cap of $522.47 million, a PE ratio of 8.81 and a beta of 1.31. FutureFuel Corp. has a 12 month low of $9.77 and a 12 month high of $16.08.

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FutureFuel Corp. (NYSE:FF) last issued its earnings results on Tuesday, August 9th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.09. The firm earned $67.88 million during the quarter, compared to analyst estimates of $93.50 million. FutureFuel Corp. had a net margin of 23.21% and a return on equity of 15.02%. The company’s quarterly revenue was down 35.1% on a year-over-year basis. During the same quarter last year, the business earned $0.09 earnings per share. On average, equities research analysts predict that FutureFuel Corp. will post $1.00 earnings per share for the current year.

A number of institutional investors have recently modified their holdings of the company. Alambic Investment Management L.P. raised its position in FutureFuel Corp. by 166.6% in the second quarter. Alambic Investment Management L.P. now owns 57,428 shares of the company’s stock worth $625,000 after buying an additional 35,888 shares during the period. Ameriprise Financial Inc. raised its position in FutureFuel Corp. by 2.2% in the second quarter. Ameriprise Financial Inc. now owns 144,694 shares of the company’s stock worth $1,574,000 after buying an additional 3,105 shares during the period. Los Angeles Capital Management & Equity Research Inc. purchased a new position in FutureFuel Corp. during the second quarter worth approximately $331,000. LSV Asset Management raised its position in FutureFuel Corp. by 70.2% in the second quarter. LSV Asset Management now owns 305,234 shares of the company’s stock worth $3,320,000 after buying an additional 125,942 shares during the period. Finally, Emerald Acquisition Ltd. purchased a new position in FutureFuel Corp. during the second quarter worth approximately $760,000. Hedge funds and other institutional investors own 38.53% of the company’s stock.

About FutureFuel Corp.

FutureFuel Corp. is engaged in the chemical and biofuels business. The FutureFuel Chemical Company, a subsidiary of Company, manufactures chemical products and bio-based products comprising biofuels and bio-based specialty chemical products. The Company operates in two segments: chemicals and biofuels.

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