FutureFuel (NYSE:FF) Stock Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• FutureFuel shares rose above their 200-day moving average, reaching $5.19 and last trading at $5.095, compared with the $4.66 long-term average.
• Analyst sentiment remains negative: the stock has an average “Sell” rating, with one firm downgrading it further and another upgrading it only to “Hold.”
• FutureFuel reported quarterly EPS of $0.25 on $78.73 million in revenue and announced a $0.01 quarterly dividend, but it continues to post negative net margin and return on equity.

FutureFuel Corp. (NYSE:FF - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $4.66 and traded as high as $5.19. FutureFuel shares last traded at $5.0950, with a volume of 189,038 shares.

Analysts Set New Price Targets

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

FutureFuel Price Performance

The firm's 50 day moving average is $5.31 and its two-hundred day moving average is $4.66. The firm has a market capitalization of $223.47 million, a P/E ratio of -7.28 and a beta of 0.80.

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 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 announced a quarterly dividend, which will be paid on Friday, December 18th. Stockholders of record on Friday, December 4th will be issued a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, December 4th. FutureFuel's dividend payout ratio is presently -5.71%.

Institutional Investors Weigh In On FutureFuel

Several hedge funds have recently bought and sold shares of FF. BlackRock Inc. bought a new position in shares of FutureFuel in the second quarter valued at about $8,653,000. Empowered Funds LLC bought a new stake in shares of FutureFuel during the 2nd quarter worth about $1,384,000. Gate City Capital Management LLC boosted its holdings in shares of FutureFuel by 37.3% during the 4th 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 during the period. Bank of New York Mellon Corp acquired a new position in FutureFuel in the 2nd quarter valued at about $1,214,000. Finally, GSA Capital Partners LLP acquired a new position in FutureFuel in the 2nd quarter valued at about $1,029,000. 44.56% of the stock is currently owned by institutional investors and hedge funds.

About FutureFuel

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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