FutureFuel (NYSE:FF) Shares Pass Above 200-Day Moving Average – Time to Sell?

FutureFuel Corp. (NYSE:FFGet Free Report)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $3.63 and traded as high as $3.79. FutureFuel shares last traded at $3.75, with a volume of 119,058 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of FutureFuel in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, FutureFuel has an average rating of “Sell”.

Check Out Our Latest Report on FF

FutureFuel Trading Down 0.3%

The business’s 50 day simple moving average is $3.38 and its 200 day simple moving average is $3.63. The firm has a market capitalization of $164.25 million, a PE ratio of -4.75 and a beta of 0.70.

FutureFuel Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $0.24 annualized dividend and a dividend yield of 6.4%. FutureFuel’s dividend payout ratio is currently -30.38%.

Insiders Place Their Bets

In other FutureFuel news, CEO Roeland Polet bought 15,000 shares of the company’s stock in a transaction on Thursday, November 20th. The stock was acquired at an average price of $3.20 per share, for a total transaction of $48,000.00. Following the completion of the transaction, the chief executive officer directly owned 25,000 shares of the company’s stock, valued at approximately $80,000. This represents a 150.00% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 42.40% of the stock is owned by company insiders.

Institutional Investors Weigh In On FutureFuel

A number of institutional investors and hedge funds have recently modified their holdings of FF. Jump Financial LLC grew its position in FutureFuel by 113.4% in the 4th quarter. Jump Financial LLC now owns 23,050 shares of the energy company’s stock valued at $74,000 after acquiring an additional 12,249 shares during the last quarter. Gate City Capital Management LLC lifted its position in shares of FutureFuel by 37.3% during the fourth quarter. Gate City Capital Management LLC now owns 1,104,149 shares of the energy company’s stock worth $3,522,000 after purchasing an additional 299,924 shares during the last quarter. Squarepoint Ops LLC boosted its stake in shares of FutureFuel by 59.4% during the fourth quarter. Squarepoint Ops LLC now owns 25,618 shares of the energy company’s stock valued at $82,000 after purchasing an additional 9,545 shares during the period. Barclays PLC boosted its stake in shares of FutureFuel by 10.8% during the fourth quarter. Barclays PLC now owns 39,231 shares of the energy company’s stock valued at $125,000 after purchasing an additional 3,815 shares during the period. Finally, Marshall Wace LLP grew its holdings in shares of FutureFuel by 176.7% in the fourth quarter. Marshall Wace LLP now owns 153,878 shares of the energy company’s stock worth $491,000 after purchasing an additional 98,260 shares during the last quarter. 44.56% of the stock is owned by institutional investors.

FutureFuel Company Profile

(Get Free Report)

FutureFuel Corporation (NYSE: FF) operates as a specialty chemicals and biofuels producer, combining industrial chemistry with renewable energy solutions. Through its wholly owned subsidiary, FutureFuel Chemical Company, it manufactures a diverse portfolio of chemical products that serve fiber and textile applications, agricultural markets, water treatment processes and industrial coatings. In parallel, the company produces biodiesel using vegetable oils and animal fats as feedstocks, supplying both wholesale fuel distributors and commercial users seeking lower-carbon fuel alternatives.

The company’s manufacturing hub is located in Decatur, Arkansas, on a site originally constructed as an ordnance plant during World War II.

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