FutureFuel (NYSE:FF) announced its earnings results on Friday. The energy company reported $0.22 earnings per share (EPS) for the quarter, Morningstar.com reports. The business had revenue of $81.42 million for the quarter. FutureFuel had a return on equity of 14.61% and a net margin of 22.12%.
NYSE FF traded down $0.37 during midday trading on Friday, hitting $16.55. 182,631 shares of the company traded hands, compared to its average volume of 124,956. The stock has a market capitalization of $744.06 million, a PE ratio of 13.94 and a beta of 1.73. FutureFuel has a 52 week low of $11.32 and a 52 week high of $18.97.
Hedge funds and other institutional investors have recently made changes to their positions in the business. Acadian Asset Management LLC bought a new stake in FutureFuel during the 3rd quarter valued at $100,000. Barclays PLC boosted its position in FutureFuel by 113.0% during the 1st quarter. Barclays PLC now owns 9,523 shares of the energy company’s stock valued at $113,000 after acquiring an additional 5,053 shares in the last quarter. SG Americas Securities LLC bought a new stake in FutureFuel during the 2nd quarter valued at $179,000. California Public Employees Retirement System bought a new stake in FutureFuel during the 2nd quarter valued at $186,000. Finally, Alambic Investment Management L.P. bought a new stake in FutureFuel during the 2nd quarter valued at $259,000. 46.16% of the stock is currently owned by institutional investors and hedge funds.
TRADEMARK VIOLATION NOTICE: This story was originally reported by American Banking News and is the property of of American Banking News. If you are viewing this story on another website, it was illegally stolen and republished in violation of United States & international copyright law. The correct version of this story can be accessed at https://www.americanbankingnews.com/2018/11/10/futurefuel-ff-announces-quarterly-earnings-results.html.
FutureFuel Company Profile
FutureFuel Corp., through its subsidiaries, manufactures and sells diversified chemical products, bio-based products, and bio-based specialty chemical products in the United States. It operates in two segments, Chemicals and Biofuels. The Chemicals segment manufactures and sells custom chemicals, including agrochemicals and intermediates, detergent additives, biocides intermediates, specialty polymers, dyes, stabilizers, and chemicals intermediates; and chemicals used in consumer products consisting of cosmetics and personal care products, specialty polymers, and specialty products used in the fuels industry.
Featured Article: Investing in Growth Stocks
Receive News & Ratings for FutureFuel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FutureFuel and related companies with MarketBeat.com's FREE daily email newsletter.