FutureFuel Corp. (FF) Sees Strong Trading Volume
Shares of FutureFuel Corp. (NYSE:FF) saw unusually-strong trading volume on Thursday . Approximately 95,298 shares were traded during trading, an increase of 10% from the previous session’s volume of 86,871 shares.The stock last traded at $11.88 and had previously closed at $12.01.
Separately, Zacks Investment Research downgraded shares of FutureFuel Corp. from a “hold” rating to a “sell” rating in a report on Tuesday, May 10th.
The company’s 50-day moving average is $11.43 and its 200 day moving average is $11.50. The stock has a market cap of $523.34 million and a P/E ratio of 8.83.
FutureFuel Corp. (NYSE:FF) last posted its quarterly earnings data on Tuesday, August 9th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.24 by $0.09. During the same period in the previous year, the business earned $0.09 earnings per share. The company had revenue of $67.88 million for the quarter, compared to analysts’ expectations of $93.50 million. The business’s revenue for the quarter was down 35.1% on a year-over-year basis. Analysts predict that FutureFuel Corp. will post $1.00 earnings per share for the current fiscal year.
In related news, Director Donald C. Bedell acquired 3,000 shares of the firm’s stock in a transaction on Tuesday, June 28th. The shares were acquired at an average cost of $9.87 per share, with a total value of $29,610.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
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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