FutureFuel (NYSE:FF) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

Shares of FutureFuel Corp. (NYSE:FF) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $3.70 and traded as high as $4.31. FutureFuel shares last traded at $3.9910, with a volume of 1,122,438 shares trading hands.

Analyst Ratings Changes

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

FutureFuel Stock Down 6.5%

The firm has a market capitalization of $174.81 million, a PE ratio of -3.56 and a beta of 0.62. The stock has a 50-day simple moving average of $3.81 and a 200-day simple moving average of $3.70.

FutureFuel (NYSE:FF) last released its quarterly earnings data on Monday, March 16th. The energy company reported ($0.27) EPS for the quarter. FutureFuel had a negative net margin of 51.59% and a negative return on equity of 27.66%. The business had revenue of $19.84 million for the quarter.

Hedge Funds Weigh In On FutureFuel

Hedge funds and other institutional investors have recently modified their holdings of the company. State Street Corp boosted its stake in shares of FutureFuel by 0.5% in the 4th quarter. State Street Corp now owns 620,530 shares of the energy company’s stock valued at $1,979,000 after purchasing an additional 3,154 shares in the last quarter. First Trust Advisors LP raised its position in FutureFuel by 4.1% in the 2nd quarter. First Trust Advisors LP now owns 84,844 shares of the energy company’s stock worth $329,000 after purchasing an additional 3,328 shares during the period. Barclays PLC lifted its stake in FutureFuel by 10.8% in the fourth quarter. Barclays PLC now owns 39,231 shares of the energy company’s stock worth $125,000 after purchasing an additional 3,815 shares during the last quarter. Mosaic Family Wealth Partners LLC boosted its position in FutureFuel by 47.5% during the second quarter. Mosaic Family Wealth Partners LLC now owns 15,548 shares of the energy company’s stock valued at $60,000 after buying an additional 5,009 shares during the period. Finally, PNC Financial Services Group Inc. boosted its position in FutureFuel by 50.6% during the third quarter. PNC Financial Services Group Inc. now owns 15,043 shares of the energy company’s stock valued at $58,000 after buying an additional 5,053 shares during the period. 44.56% of the stock is currently owned by hedge funds and other institutional investors.

FutureFuel Company Profile

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.