XCF Global Capital (NASDAQ:SAFX) Research Coverage Started at Roth Mkm

Roth Mkm started coverage on shares of XCF Global Capital (NASDAQ:SAFX) in a research report released on Wednesday, Marketbeat reports. The firm issued a neutral rating and a $0.40 target price on the stock.

Separately, Weiss Ratings assumed coverage on shares of XCF Global Capital in a report on Wednesday, January 14th. They set a “sell (d-)” rating for the company. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $0.40.

XCF Global Capital Price Performance

Shares of SAFX stock opened at $0.33 on Wednesday. The company has a quick ratio of 0.09, a current ratio of 0.11 and a debt-to-equity ratio of 1.01. The stock has a market capitalization of $68.77 million, a P/E ratio of -0.54 and a beta of -0.13. The stock’s 50-day moving average price is $0.22. XCF Global Capital has a 12 month low of $0.12 and a 12 month high of $45.90.

Insider Activity

In other news, major shareholder Randy Soule sold 561,363 shares of XCF Global Capital stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $0.15, for a total transaction of $84,204.45. Following the completion of the sale, the insider directly owned 76,067,285 shares in the company, valued at $11,410,092.75. The trade was a 0.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.12% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On XCF Global Capital

Institutional investors and hedge funds have recently modified their holdings of the company. Goldman Sachs Group Inc. grew its stake in XCF Global Capital by 379.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 120,789 shares of the company’s stock worth $33,000 after acquiring an additional 95,596 shares during the period. Jane Street Group LLC acquired a new position in XCF Global Capital in the 4th quarter valued at $42,000. Deutsche Bank AG lifted its stake in shares of XCF Global Capital by 315.7% during the 4th quarter. Deutsche Bank AG now owns 199,524 shares of the company’s stock worth $54,000 after purchasing an additional 151,529 shares during the period. State Street Corp boosted its holdings in shares of XCF Global Capital by 37.3% during the fourth quarter. State Street Corp now owns 256,448 shares of the company’s stock worth $70,000 after purchasing an additional 69,698 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of XCF Global Capital by 20.5% during the fourth quarter. Geode Capital Management LLC now owns 1,174,455 shares of the company’s stock worth $321,000 after purchasing an additional 200,147 shares during the last quarter. Hedge funds and other institutional investors own 52.34% of the company’s stock.

About XCF Global Capital

XCF Global Capital Inc is a player in decarbonizing the aviation industry through Sustainable Aviation Fuel. XCF Global Capital Inc, formerly known as Focus Impact BH3 Acquisition Company, is based in RENO, NV.