FutureFuel (NYSE:FF) Share Price Crosses Above 200-Day Moving Average - Here's Why

Key Points

• FutureFuel shares moved above their 200-day moving average, reaching $5.52 and last trading at $5.39 versus the $4.42 long-term average.
• Analyst sentiment remains negative overall: FutureFuel has an average “Sell” rating, despite one firm upgrading the stock to “Hold.” The company reported quarterly EPS of $0.25 on $78.73 million in revenue but posted a negative net margin and return on equity.
• FutureFuel declared a quarterly dividend of $0.01 per share, equal to a 0.7% yield, while CEO Roeland Polet increased his holdings by 40% through a 10,000-share purchase.

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 $4.42 and traded as high as $5.52. FutureFuel shares last traded at $5.39, with a volume of 223,269 shares changing hands.

Analysts Set New Price Targets

Several research analysts have commented on FF shares. Weiss Ratings lowered FutureFuel from a "sell (d+)" rating to a "sell (d-)" rating in a research report on Thursday, August 13th. Wall Street Zen raised FutureFuel from a "sell" rating to a "hold" rating in a research report on Saturday, August 15th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of "Sell".

FutureFuel Price Performance

The company has a market cap of $236.41 million, a price-to-earnings ratio of -7.70 and a beta of 0.82. The company's 50-day simple moving average is $4.88 and its 200-day simple moving average is $4.42.

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

FutureFuel Announces Dividend

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

Insider Buying and Selling

In other news, CEO Roeland Polet acquired 10,000 shares of the firm's stock in a transaction on Thursday, June 4th. The stock was bought at an average cost of $4.28 per share, with a total value of $42,800.00. Following the transaction, the chief executive officer directly owned 35,000 shares in the company, valued at approximately $149,800. This represents a 40.00% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 42.60% of the stock is owned by corporate insiders.

Institutional Trading of FutureFuel

Hedge funds and other institutional investors have recently modified their holdings of the business. BNP Paribas Financial Markets boosted its holdings in FutureFuel by 226.0% in the third quarter. BNP Paribas Financial Markets now owns 9,038 shares of the energy company's stock valued at $35,000 after purchasing an additional 6,266 shares during the last quarter. Brooklyn Investment Group increased its holdings in FutureFuel by 4,087.0% during the 3rd 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 purchased a new stake in FutureFuel during the 3rd quarter worth approximately $50,000. Persistent Asset Partners Ltd acquired a new position in shares of FutureFuel in the 2nd quarter valued at approximately $51,000. Finally, Jacobs Levy Equity Management Inc. acquired a new position in shares of FutureFuel in the 3rd quarter valued at approximately $51,000. 44.56% of the stock is 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source