XCF Global Capital (NASDAQ:SAFX) Stock Price Up 44.1% – Time to Buy?

XCF Global Capital, Inc. (NASDAQ:SAFX) shares shot up 44.1% on Thursday . The company traded as high as $0.2726 and last traded at $0.2517. 31,326,852 shares traded hands during trading, an increase of 318% from the average session volume of 7,485,975 shares. The stock had previously closed at $0.1747.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings started coverage on shares of XCF Global Capital in a research note on Wednesday, January 14th. They issued a “sell (d-)” rating on the stock. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

XCF Global Capital Trading Up 44.1%

The company has a current ratio of 0.11, a quick ratio of 0.09 and a debt-to-equity ratio of 1.01. The stock has a market cap of $52.43 million, a price-to-earnings ratio of -0.41 and a beta of -0.13.

Insider Buying and Selling

In other XCF Global Capital news, major shareholder Randy Soule sold 1,000,000 shares of the business’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $0.16, for a total value of $160,000.00. Following the transaction, the insider directly owned 76,628,648 shares in the company, valued at $12,260,583.68. The trade was a 1.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.12% of the stock is owned by company insiders.

Institutional Trading of XCF Global Capital

Several institutional investors have recently made changes to their positions in SAFX. State Street Corp grew its position in XCF Global Capital by 37.3% in the fourth quarter. State Street Corp now owns 256,448 shares of the company’s stock worth $70,000 after acquiring an additional 69,698 shares during the period. Goldman Sachs Group Inc. raised its position in XCF Global Capital by 379.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 120,789 shares of the company’s stock valued at $33,000 after purchasing an additional 95,596 shares during the period. Deutsche Bank AG lifted its stake in shares of XCF Global Capital by 315.7% in the 4th quarter. Deutsche Bank AG now owns 199,524 shares of the company’s stock valued at $54,000 after purchasing an additional 151,529 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of XCF Global Capital during the 4th quarter worth $42,000. Finally, Geode Capital Management LLC increased its position in shares of XCF Global Capital by 20.5% during the 4th quarter. Geode Capital Management LLC now owns 1,174,455 shares of the company’s stock worth $321,000 after purchasing an additional 200,147 shares during the last quarter. Hedge funds and other institutional investors own 52.34% of the company’s stock.

About XCF Global Capital

XCF Global Capital Inc is a player in decarbonizing the aviation industry through Sustainable Aviation Fuel. XCF Global Capital Inc, formerly known as Focus Impact BH3 Acquisition Company, is based in RENO, NV.