FutureFuel (NYSE:FF) Stock Price Passes Above Two Hundred Day Moving Average - Here's Why

Key Points

• FutureFuel's shares climbed above their 200‑day moving average of $3.73, trading as high as $4.97 and last at $4.8850 on volume of 336,676 shares.
• The company reported a loss (EPS of -$0.27) with negative return on equity (28.62%) and a net margin of -51.59%, and analysts maintain a consensus Sell rating after Weiss Ratings reissued a "sell (d)."
• FutureFuel announced a small quarterly dividend of $0.01 (annualized $0.04, yield 0.8%; ex-dividend June 4, payable June 18), and institutional investors now own about 44.56% of the stock, with several funds increasing positions recently.

FutureFuel Corp. (NYSE:FF - Get Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $3.73 and traded as high as $4.97. FutureFuel shares last traded at $4.8850, with a volume of 336,676 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a "sell (d)" rating on shares of FutureFuel in a report on Tuesday, April 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of "Sell".

FutureFuel Price Performance

The stock has a 50 day moving average price of $4.16 and a 200-day moving average price of $3.73. The stock has a market capitalization of $214.26 million, a price-to-earnings ratio of -4.36 and a beta of 0.89.

FutureFuel (NYSE:FF - Get Free Report) last issued its quarterly earnings results on Monday, March 16th. The energy company reported ($0.27) earnings per share (EPS) for the quarter. The firm had revenue of $19.84 million during the quarter. FutureFuel had a negative return on equity of 28.62% and a negative net margin of 51.59%.

FutureFuel Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be given a dividend of $0.01 per share. The ex-dividend date is Thursday, June 4th. This represents a $0.04 dividend on an annualized basis and a yield of 0.8%. FutureFuel's dividend payout ratio (DPR) is presently -21.43%.

Hedge Funds Weigh In On FutureFuel

A number of institutional investors have recently added to or reduced their stakes in FF. Gate City Capital Management LLC lifted its position in FutureFuel by 37.3% during the fourth quarter. Gate City Capital Management LLC now owns 1,104,149 shares of the energy company's stock worth $3,522,000 after buying an additional 299,924 shares in the last quarter. GSA Capital Partners LLP lifted its position in FutureFuel by 212.9% during the fourth quarter. GSA Capital Partners LLP now owns 295,890 shares of the energy company's stock worth $944,000 after buying an additional 201,323 shares in the last quarter. Stifel Financial Corp purchased a new position in FutureFuel during the fourth quarter worth approximately $350,000. Marshall Wace LLP lifted its position in FutureFuel by 176.7% during the fourth quarter. Marshall Wace LLP now owns 153,878 shares of the energy company's stock worth $491,000 after buying an additional 98,260 shares in the last quarter. Finally, Ingalls & Snyder LLC purchased a new position in FutureFuel during the fourth quarter worth approximately $310,000. Hedge funds and other 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.

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