FutureFuel Corp. (FF) Sees Strong Trading Volume
Shares of FutureFuel Corp. (NYSE:FF) saw an uptick in trading volume on Thursday . 95,298 shares were traded during mid-day 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 cut FutureFuel Corp. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 12th.
The stock has a market cap of $516.78 million and a price-to-earnings ratio of 8.72. The company’s 50-day moving average price is $11.46 and its 200-day moving average price is $11.49.
FutureFuel Corp. (NYSE:FF) last issued its quarterly earnings results on Tuesday, August 9th. The company reported $0.33 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.09. During the same quarter in the prior year, the business earned $0.09 EPS. The business had revenue of $67.88 million for the quarter, compared to analysts’ expectations of $93.50 million. The company’s revenue was down 35.1% compared to the same quarter last year. Equities analysts forecast that FutureFuel Corp. will post $1.00 EPS for the current year.
In other FutureFuel Corp. news, Director Donald C. Bedell purchased 3,000 shares of the company’s stock in a transaction dated Tuesday, June 28th. The shares were acquired at an average price of $9.87 per share, for a total transaction of $29,610.00. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.
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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