FutureFuel (NYSE:FF) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

FutureFuel Corp. (NYSE:FF)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $3.85 and traded as high as $4.67. FutureFuel shares last traded at $4.5950, with a volume of 119,143 shares changing hands.

Analyst Ratings Changes

Several brokerages have commented on FF. Wall Street Zen upgraded shares of FutureFuel from a “strong sell” rating to a “sell” rating in a report on Saturday, May 16th. Weiss Ratings reiterated a “sell (d)” rating on shares of FutureFuel in a report on Tuesday, April 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, FutureFuel presently has an average rating of “Sell”.

FutureFuel Price Performance

The firm has a market capitalization of $201.54 million, a price-to-earnings ratio of -3.86 and a beta of 0.82. The firm’s fifty day moving average is $4.30 and its 200 day moving average is $3.85.

FutureFuel (NYSE:FF) last posted its quarterly earnings results on Monday, May 11th. The energy company reported ($0.47) EPS for the quarter. The company had revenue of $31.95 million for the quarter. FutureFuel had a negative return on equity of 32.51% and a negative net margin of 47.51%.

FutureFuel Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Thursday, June 4th. FutureFuel’s dividend payout ratio (DPR) is currently -3.36%.

Insider Activity at FutureFuel

In related news, CEO Roeland Polet purchased 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The stock was acquired at an average cost of $4.28 per share, for a total transaction of $42,800.00. Following the completion of the acquisition, the chief executive officer owned 35,000 shares in the company, valued at $149,800. This trade represents a 40.00% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 42.40% of the company’s stock.

Institutional Trading of FutureFuel

Several institutional investors have recently made changes to their positions in FF. Empowered Funds LLC raised its position in FutureFuel by 7.4% during the first quarter. Empowered Funds LLC now owns 250,502 shares of the energy company’s stock valued at $977,000 after acquiring an additional 17,192 shares in the last quarter. Jane Street Group LLC raised its position in FutureFuel by 447.4% during the first quarter. Jane Street Group LLC now owns 61,481 shares of the energy company’s stock valued at $240,000 after acquiring an additional 50,249 shares in the last quarter. Geode Capital Management LLC raised its position in FutureFuel by 10.7% during the second quarter. Geode Capital Management LLC now owns 958,499 shares of the energy company’s stock valued at $3,720,000 after acquiring an additional 92,481 shares in the last quarter. First Trust Advisors LP raised its position in FutureFuel by 4.1% during the second quarter. First Trust Advisors LP now owns 84,844 shares of the energy company’s stock valued at $329,000 after acquiring an additional 3,328 shares in the last quarter. Finally, Marshall Wace LLP raised its position in FutureFuel by 56.3% during the second quarter. Marshall Wace LLP now owns 96,306 shares of the energy company’s stock valued at $374,000 after acquiring an additional 34,688 shares in the last quarter. 44.56% of the stock is currently owned by institutional investors and hedge funds.

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.