FutureFuel (NYSE:FF) Rating Increased to Strong-Buy at StockNews.com

by · The Cerbat Gem

FutureFuel (NYSE:FF – Get Free Report) was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a report released on Tuesday.

FutureFuel Price Performance

Shares of FutureFuel stock opened at $6.22 on Tuesday. FutureFuel has a 1 year low of $4.15 and a 1 year high of $8.36. The stock has a market cap of $272.21 million, a price-to-earnings ratio of 13.52 and a beta of 0.62. The firm’s 50-day moving average is $5.74 and its two-hundred day moving average is $5.58.

FutureFuel (NYSE:FF – Get Free Report) last issued its quarterly earnings data on Friday, August 9th. The energy company reported $0.22 EPS for the quarter. FutureFuel had a net margin of 11.80% and a return on equity of 15.62%. The company had revenue of $72.41 million during the quarter.

Insiders Place Their Bets

In other news, Director Paul Manheim acquired 6,000 shares of FutureFuel stock in a transaction that occurred on Thursday, August 15th. The stock was purchased at an average price of $6.10 per share, for a total transaction of $36,600.00. Following the purchase, the director now directly owns 19,103 shares in the company, valued at $116,528.30. The trade was a 0.00 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. 40.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On FutureFuel

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC lifted its stake in shares of FutureFuel by 1.0% during the first quarter. Commonwealth Equity Services LLC now owns 333,753 shares of the energy company’s stock worth $2,687,000 after buying an additional 3,460 shares during the period. nVerses Capital LLC acquired a new stake in FutureFuel during the 2nd quarter worth about $26,000. PNC Financial Services Group Inc. grew its stake in FutureFuel by 821.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 6,029 shares of the energy company’s stock valued at $37,000 after purchasing an additional 5,375 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings in shares of FutureFuel by 27.3% in the second quarter. Nisa Investment Advisors LLC now owns 25,238 shares of the energy company’s stock valued at $129,000 after purchasing an additional 5,408 shares during the period. Finally, Jacobs Levy Equity Management Inc. raised its stake in shares of FutureFuel by 4.9% in the first quarter. Jacobs Levy Equity Management Inc. now owns 172,808 shares of the energy company’s stock worth $1,391,000 after purchasing an additional 8,003 shares during the last quarter. 44.56% of the stock is currently owned by hedge funds and other institutional investors.

About FutureFuel

(Get Free Report)

FutureFuel Corp., together with its subsidiaries, manufactures and sells diversified chemical, bio-based fuel, and bio-based specialty chemical products in the United States. The company operates through two segments, Chemicals and Biofuels. The Chemicals segment provides various custom chemicals that are used in the coatings, chemical intermediates, industrial and consumer cleaning, oil and gas, and specialty polymers industries; and performance chemicals, such as polymer modifiers, glycerin products, and various specialty chemicals and solvents.

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