FutureFuel (NYSE:FF) Stock Crosses Below 200 Day Moving Average - Should You Sell?

Key Points

• FutureFuel shares fell below their 200-day moving average of $4.63, trading as low as $2.77 and last at $3.1250; trading volume was about 7.4 million shares.
• Analyst views are mixed: the consensus rating is Hold, with a $9.00 price target, while one analyst rates the stock Buy and another Sell.
• The company reported a quarterly loss of $0.19 per share on $104.67 million in revenue and announced a $0.01 quarterly dividend, equal to a 1.3% yield.

FutureFuel Corp. (NYSE:FF - Get Free Report)'s share price crossed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $4.63 and traded as low as $2.77. FutureFuel shares last traded at $3.1250, with a volume of 7,415,688 shares changing hands.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on FF. Gabelli initiated coverage on shares of FutureFuel in a research report on Tuesday. They issued an "add" rating and a $9.00 price target for the company. Wall Street Zen upgraded shares of FutureFuel from a "sell" rating to a "hold" rating in a report on Saturday, August 15th. Finally, Weiss Ratings cut shares of FutureFuel from a "sell (d+)" rating to a "sell (d-)" rating in a research note on Thursday, August 13th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $9.00.

FutureFuel Price Performance

The company has a market capitalization of $137.06 million, a P/E ratio of -4.60 and a beta of 0.82. The stock has a 50-day moving average price of $5.35 and a 200-day moving average price of $4.63.

FutureFuel (NYSE:FF - Get Free Report) last posted its quarterly earnings data on Monday, November 9th. The energy company reported ($0.19) EPS for the quarter. FutureFuel had a negative net margin of 12.59% and a negative return on equity of 19.75%. The firm had revenue of $104.67 million during the quarter.

FutureFuel Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Friday, December 4th will be issued a $0.01 dividend. The ex-dividend date is Friday, December 4th. This represents a $0.04 annualized dividend and a yield of 1.3%. FutureFuel's payout ratio is presently -5.71%.

Institutional Trading of FutureFuel

A number of large investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. raised its position in shares of FutureFuel by 65.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 16,404 shares of the energy company's stock worth $63,000 after acquiring an additional 6,480 shares in the last quarter. Empowered Funds LLC boosted its position in shares of FutureFuel by 3.3% during the 1st quarter. Empowered Funds LLC now owns 311,214 shares of the energy company's stock valued at $1,198,000 after purchasing an additional 10,061 shares in the last quarter. Persistent Asset Partners Ltd bought a new stake in shares of FutureFuel during the 2nd quarter valued at about $51,000. AXQ Capital LP bought a new stake in shares of FutureFuel during the 2nd quarter valued at about $55,000. Finally, Greenspring Advisors LLC bought a new stake in shares of FutureFuel during the 2nd quarter valued at about $68,000. 44.56% of the stock is currently owned by institutional investors and hedge funds.

About FutureFuel

FutureFuel Corp. is a chemical and biofuels manufacturer headquartered in Missouri. Through its subsidiary, FutureFuel Chemical Company, the business operates a manufacturing facility in Batesville, Arkansas, where it produces specialty chemicals and renewable fuels. The company's chemical operations manufacture custom and specialty organic chemicals for industrial and commercial customers. Its product capabilities include chemicals used in areas such as coatings, solvents, polymers, agricultural applications and other specialty markets.

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