FutureFuel (NYSE:FF) Shares Cross Above 200-Day Moving Average – Here’s What Happened

FutureFuel Corp. (NYSE:FF)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.68 and traded as high as $3.74. FutureFuel shares last traded at $3.6450, with a volume of 583,295 shares trading hands.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of FutureFuel in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

FutureFuel Stock Up 5.8%

The stock’s 50 day moving average is $3.84 and its two-hundred day moving average is $3.68. The company has a market capitalization of $173.03 million, a PE ratio of -3.52 and a beta of 0.62.

FutureFuel (NYSE:FF) last posted its earnings results on Monday, March 16th. The energy company reported ($0.27) EPS for the quarter. FutureFuel had a negative net margin of 51.59% and a negative return on equity of 28.62%. The business had revenue of $19.84 million for the quarter.

Institutional Trading of FutureFuel

Hedge funds have recently bought and sold shares of the stock. Gate City Capital Management LLC boosted its position in 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 valued at $3,522,000 after acquiring an additional 299,924 shares in the last quarter. GSA Capital Partners LLP lifted its stake in shares of FutureFuel by 212.9% during the 4th quarter. GSA Capital Partners LLP now owns 295,890 shares of the energy company’s stock worth $944,000 after purchasing an additional 201,323 shares during the last quarter. Stifel Financial Corp purchased a new stake in shares of FutureFuel during the 4th quarter worth $350,000. Marshall Wace LLP boosted its position in FutureFuel by 176.7% during the fourth quarter. Marshall Wace LLP now owns 153,878 shares of the energy company’s stock valued at $491,000 after purchasing an additional 98,260 shares in the last quarter. Finally, Ingalls & Snyder LLC bought a new stake in FutureFuel during the fourth quarter valued at about $310,000. Hedge funds and other institutional investors own 44.56% of the company’s stock.

About FutureFuel

FutureFuel Corporation (NYSE: FF) operates as a specialty chemicals and biofuels producer, combining industrial chemistry with renewable energy solutions. Through its wholly owned subsidiary, FutureFuel Chemical Company, it manufactures a diverse portfolio of chemical products that serve fiber and textile applications, agricultural markets, water treatment processes and industrial coatings. In parallel, the company produces biodiesel using vegetable oils and animal fats as feedstocks, supplying both wholesale fuel distributors and commercial users seeking lower-carbon fuel alternatives.

The company’s manufacturing hub is located in Decatur, Arkansas, on a site originally constructed as an ordnance plant during World War II.