FutureFuel (NYSE:FF) Shares Cross Above 200-Day Moving Average - Should You Sell?

Key Points

• FutureFuel Corp. shares surpassed their 200-day moving average, reaching $3.99, while last trading at $3.91 with a volume of 262,052 shares.
• Wall Street analysts have expressed caution, with a consensus rating of "Sell" and Weiss Ratings restating a "sell (d)" recommendation.
• Despite some institutional interest, including substantial purchases by hedge funds, the company reported a negative net margin of 15.95% and earnings of ($0.24) per share in its latest quarterly report.

FutureFuel Corp. (NYSE:FF - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $3.99 and traded as high as $3.99. FutureFuel shares last traded at $3.91, with a volume of 262,052 shares.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a "sell (d)" rating on shares of FutureFuel in a research report on Saturday, September 27th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of "Sell".

FutureFuel Price Performance

The firm has a fifty day moving average of $3.88 and a 200 day moving average of $3.99. The stock has a market cap of $171.26 million, a price-to-earnings ratio of -6.41 and a beta of 0.61.

FutureFuel (NYSE:FF - Get Free Report) last announced its quarterly earnings results on Monday, August 11th. The energy company reported ($0.24) earnings per share for the quarter. The firm had revenue of $35.67 million for the quarter. FutureFuel had a negative net margin of 15.95% and a negative return on equity of 13.47%.

Hedge Funds Weigh In On FutureFuel

Several large investors have recently modified their holdings of FF. Nuveen LLC purchased a new stake in FutureFuel in the 1st quarter valued at about $1,191,000. Hartree Partners LP acquired a new position in FutureFuel during the first quarter worth $1,014,000. Segall Bryant & Hamill LLC grew its stake in shares of FutureFuel by 110.5% in the first quarter. Segall Bryant & Hamill LLC now owns 475,445 shares of the energy company's stock valued at $1,854,000 after buying an additional 249,540 shares in the last quarter. Strs Ohio purchased a new stake in shares of FutureFuel in the 1st quarter valued at $367,000. Finally, Geode Capital Management LLC boosted its holdings in FutureFuel by 10.7% during the 2nd 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 during the period. Institutional investors and hedge funds own 44.56% of the company's stock.

FutureFuel Company Profile

FutureFuel Corp., together with its subsidiaries, manufactures and sells diversified chemical, bio-based fuel, and bio-based specialty chemical products in the United States. The company operates through two segments, Chemicals and Biofuels. The Chemicals segment provides various custom chemicals that are used in the coatings, chemical intermediates, industrial and consumer cleaning, oil and gas, and specialty polymers industries; and performance chemicals, such as polymer modifiers, glycerin products, and various specialty chemicals and solvents.

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