FutureFuel Corp. (FF) Sees Unusually-High Trading Volume
Shares of FutureFuel Corp. (NYSE:FF) saw unusually-high trading volume on Thursday . Approximately 166,277 shares changed hands during mid-day trading, an increase of 93% from the previous session’s volume of 86,037 shares.The stock last traded at $11.79 and had previously closed at $11.41.
Separately, Zacks Investment Research lowered shares of FutureFuel Corp. from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 12th.
The stock has a market capitalization of $518.53 million and a P/E ratio of 8.75. The company’s 50-day moving average price is $11.21 and its 200-day moving average price is $11.49.
FutureFuel Corp. (NYSE:FF) last announced its quarterly earnings results on Tuesday, August 9th. The company reported $0.33 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.24 by $0.09. During the same quarter in the previous year, the firm earned $0.09 EPS. The firm earned $67.88 million during the quarter, compared to the consensus estimate of $93.50 million. The business’s revenue for the quarter was down 35.1% on a year-over-year basis. Equities research analysts predict that FutureFuel Corp. will post $1.00 EPS for the current fiscal year.
In other FutureFuel Corp. news, Director Donald C. Bedell bought 3,000 shares of the firm’s stock in a transaction on Tuesday, June 28th. The stock was acquired at an average price of $9.87 per share, with a total value of $29,610.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
An institutional investor recently raised its position in FutureFuel Corp. stock. Russell Frank Co raised its position in FutureFuel Corp. (NYSE:FF) by 18.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 79,031 shares of the company’s stock after buying an additional 12,380 shares during the period. Russell Frank Co owned about 0.18% of FutureFuel Corp. worth $1,082,000 as of its most recent filing with the SEC.
FutureFuel Corp. is engaged in the chemical and biofuels business. The FutureFuel Chemical Company, a subsidiary of Company, manufactures chemical products and bio-based products comprising biofuels and bio-based specialty chemical products. The Company operates in two segments: chemicals and biofuels.
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