FutureFuel (NYSE:FF) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

FutureFuel Corp. (NYSE:FF) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.90 and traded as high as $4.18. FutureFuel shares last traded at $4.1450, with a volume of 224,068 shares changing hands.

Analysts Set New Price Targets

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

FutureFuel Stock Up 1.8%

The stock has a market capitalization of $181.80 million, a price-to-earnings ratio of -3.48 and a beta of 0.82. The business’s 50-day moving average is $4.30 and its two-hundred day moving average is $3.90.

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

FutureFuel Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were given a $0.01 dividend. The ex-dividend date was Thursday, June 4th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.0%. FutureFuel’s dividend payout ratio is -3.36%.

Insider Activity at FutureFuel

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

Institutional Trading of FutureFuel

Large investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets boosted its position in shares of FutureFuel by 226.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 9,038 shares of the energy company’s stock valued at $35,000 after acquiring an additional 6,266 shares during the last quarter. Brooklyn Investment Group increased its position in FutureFuel by 4,087.0% during the third quarter. Brooklyn Investment Group now owns 12,854 shares of the energy company’s stock worth $50,000 after purchasing an additional 12,547 shares during the last quarter. Centiva Capital LP acquired a new stake in FutureFuel during the third quarter worth about $50,000. Jacobs Levy Equity Management Inc. purchased a new position in FutureFuel during the third quarter worth about $51,000. Finally, HRT Financial LP purchased a new position in FutureFuel during the fourth quarter worth about $56,000. 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.