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

Key Points

• FutureFuel shares moved above their 200-day moving average, reaching $5.66 and last trading at $5.5550 versus the $4.79 average.
• Analyst sentiment remains negative: Weiss Ratings downgraded the stock to “sell,” while Wall Street Zen upgraded it to “hold”; the overall consensus is still “Sell.”
• The company reported $0.25 in quarterly EPS on $78.73 million in revenue and declared a $0.01 quarterly dividend, equating to a 0.7% yield. However, FutureFuel posted negative net margin and return on equity.

FutureFuel Corp. (NYSE:FF - Get Free Report) passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $4.79 and traded as high as $5.66. FutureFuel shares last traded at $5.5550, with a volume of 619,419 shares.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Weiss Ratings lowered FutureFuel from a "sell (d+)" rating to a "sell (d-)" rating in a report on Thursday, August 13th. Wall Street Zen upgraded FutureFuel from a "sell" rating to a "hold" rating in a report on Saturday, August 15th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Sell".

FutureFuel Price Performance

The firm has a market capitalization of $243.64 million, a PE ratio of -7.94 and a beta of 0.80. The company's fifty day simple moving average is $5.37 and its 200 day simple moving average is $4.79.

FutureFuel (NYSE:FF - Get Free Report) last issued its earnings results on Monday, August 10th. The energy company reported $0.25 earnings per share for the quarter. The firm had revenue of $78.73 million during the quarter. FutureFuel had a negative net margin of 19.94% and a negative return on equity of 19.75%.

FutureFuel Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Friday, December 4th will be paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Friday, December 4th. FutureFuel's dividend payout ratio is presently -5.71%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Odyssean LLC lifted its position in shares of FutureFuel by 79.3% during the second quarter. Odyssean LLC now owns 60,816 shares of the energy company's stock worth $275,000 after acquiring an additional 26,890 shares in the last quarter. AXQ Capital LP bought a new position in shares of FutureFuel in the second quarter worth $55,000. Empowered Funds LLC bought a new position in shares of FutureFuel in the second quarter worth $1,384,000. Bank of America Corp DE purchased a new position in shares of FutureFuel in the second quarter valued at $89,000. Finally, Thomist Capital Management LP purchased a new position in shares of FutureFuel in the second quarter valued at $338,000. 44.56% of the stock is owned by institutional investors.

FutureFuel Company Profile

FutureFuel Corp. NYSE: FF is a U.S.-based manufacturer of specialty chemicals and biofuels. Through its operating subsidiary, FutureFuel Chemical Company, the company produces chemicals used in a range of industrial and commercial applications, including solvents, chemical intermediates, performance chemicals, and polymer-related products.

FutureFuel also manufactures biodiesel and related biofuel products. Its chemical business provides both standard products and custom manufacturing services, allowing customers to contract for the production of specific chemical compounds and formulations.

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