FutureFuel (NYSE:FF) Stock Price Breaks Above 200 Day Moving Average - What's Next?

Key Points

• FutureFuel shares broke above their 200-day moving average, reaching $5.17 and last trading at $5.138, compared with the $4.62 average.
• Analyst sentiment remains negative: Wall Street Zen upgraded the stock to “hold,” while Weiss Ratings downgraded it, leaving a consensus “Sell” rating.
• The company reported quarterly revenue of $78.73 million and EPS of $0.25, and announced a $0.01 quarterly dividend, equivalent to a 0.8% annual yield.

FutureFuel Corp. (NYSE:FF - Get Free Report) crossed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $4.62 and traded as high as $5.17. FutureFuel shares last traded at $5.1380, with a volume of 379,453 shares traded.

Analyst Ratings Changes

FF has been the subject of several research analyst reports. Wall Street Zen upgraded FutureFuel from a "sell" rating to a "hold" rating in a research report on Saturday, August 15th. Weiss Ratings downgraded shares of FutureFuel from a "sell (d+)" rating to a "sell (d-)" rating in a report on Thursday, August 13th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, FutureFuel presently has a consensus rating of "Sell".

FutureFuel Stock Performance

The firm has a market capitalization of $225.35 million, a P/E ratio of -7.34 and a beta of 0.83. The firm's 50-day moving average is $5.27 and its 200 day moving average is $4.62.

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

FutureFuel Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Friday, December 4th will be issued a dividend of $0.01 per share. The ex-dividend date is Friday, December 4th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.8%. FutureFuel's dividend payout ratio (DPR) is presently -5.71%.

Institutional Investors Weigh In On FutureFuel

Several institutional investors have recently bought and sold shares of FF. BlackRock Inc. acquired a new position in FutureFuel during the 2nd quarter worth approximately $8,653,000. Gate City Capital Management LLC raised its holdings in shares of FutureFuel by 37.3% in the fourth quarter. Gate City Capital Management LLC now owns 1,104,149 shares of the energy company's stock valued at $3,522,000 after purchasing an additional 299,924 shares during the last quarter. Empowered Funds LLC lifted its position in shares of FutureFuel by 3.3% in the first quarter. Empowered Funds LLC now owns 311,214 shares of the energy company's stock worth $1,198,000 after purchasing an additional 10,061 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in shares of FutureFuel in the second quarter worth $1,214,000. Finally, GSA Capital Partners LLP bought a new stake in shares of FutureFuel in the second quarter worth $1,029,000. Institutional investors own 44.56% of the company's stock.

About FutureFuel

FutureFuel Corp. NYSE: FF is a chemical manufacturing company that develops and produces specialty chemicals and biofuels. Its operations are conducted primarily through its subsidiary, FutureFuel Chemical Company, which operates a manufacturing facility in Batesville, Arkansas.

The company's chemical business provides products and custom manufacturing services for a range of industrial applications. Its products serve markets including coatings, adhesives, agriculture, automotive, pharmaceuticals and household products.

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