FutureFuel (NYSE:FF) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

FutureFuel Corp. (NYSE:FF) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.05 and traded as high as $4.76. FutureFuel shares last traded at $4.6250, with a volume of 259,590 shares trading hands.

Wall Street Analyst Weigh In

A number of research analysts have commented on FF shares. Weiss Ratings restated a “sell (d)” rating on shares of FutureFuel in a research note on Tuesday, April 21st. Wall Street Zen raised FutureFuel from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 16th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, FutureFuel currently has an average rating of “Sell”.

FutureFuel Stock Down 0.3%

The stock has a market capitalization of $202.87 million, a price-to-earnings ratio of -3.89 and a beta of 0.81. The company’s 50-day simple moving average is $4.37 and its 200 day simple moving average is $4.05.

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

FutureFuel Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Friday, September 4th will be paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, September 4th. FutureFuel’s dividend payout ratio (DPR) is presently -3.36%.

Insider Buying and Selling at FutureFuel

In related news, CEO Roeland Polet bought 10,000 shares of FutureFuel stock in a transaction that occurred on Thursday, June 4th. The stock was purchased at an average cost of $4.28 per share, for a total transaction of $42,800.00. Following 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 ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 42.40% of the company’s stock.

Institutional Investors Weigh In On FutureFuel

Large investors have recently added to or reduced their stakes in the stock. Empowered Funds LLC raised its position in shares of FutureFuel by 7.4% in the first quarter. Empowered Funds LLC now owns 250,502 shares of the energy company’s stock valued at $977,000 after purchasing an additional 17,192 shares during the period. Jane Street Group LLC boosted its holdings in shares of FutureFuel by 447.4% during the 1st quarter. Jane Street Group LLC now owns 61,481 shares of the energy company’s stock worth $240,000 after buying an additional 50,249 shares during the period. Geode Capital Management LLC boosted its holdings in shares of FutureFuel by 10.7% during the 2nd quarter. Geode Capital Management LLC now owns 958,499 shares of the energy company’s stock worth $3,720,000 after buying an additional 92,481 shares during the period. First Trust Advisors LP grew its stake in FutureFuel by 4.1% in the 2nd quarter. First Trust Advisors LP now owns 84,844 shares of the energy company’s stock valued at $329,000 after buying an additional 3,328 shares during the last quarter. Finally, Marshall Wace LLP grew its stake in FutureFuel by 56.3% in the 2nd quarter. Marshall Wace LLP now owns 96,306 shares of the energy company’s stock valued at $374,000 after buying an additional 34,688 shares during the last quarter. Institutional investors own 44.56% of the company’s stock.

About FutureFuel

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.