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

StockNews.com upgraded shares of FutureFuel (NYSE:FF) from a buy rating to a strong-buy rating in a report issued on Monday morning.

FutureFuel Price Performance

Shares of FF stock opened at $5.01 on Monday. The business has a 50 day simple moving average of $5.89 and a 200 day simple moving average of $5.44. The firm has a market capitalization of $219.02 million, a price-to-earnings ratio of 6.10 and a beta of 0.61. FutureFuel has a 12-month low of $4.15 and a 12-month high of $8.36.

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

Insider Activity

In other news, Director Paul Manheim purchased 6,000 shares of the stock in a transaction dated Thursday, August 15th. The shares were bought at an average cost of $6.10 per share, for a total transaction of $36,600.00. Following the transaction, the director now owns 19,103 shares in the company, valued at $116,528.30. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 41.10% of the company’s stock.

Hedge Funds Weigh In On FutureFuel

Several large investors have recently made changes to their positions in FF. Empowered Funds LLC lifted its stake in FutureFuel by 8.1% during the first quarter. Empowered Funds LLC now owns 195,754 shares of the energy company’s stock valued at $1,576,000 after purchasing an additional 14,728 shares during the last quarter. Susquehanna Fundamental Investments LLC acquired a new stake in shares of FutureFuel during the 1st quarter valued at $319,000. Vanguard Group Inc. boosted its stake in shares of FutureFuel by 3.4% during the 1st quarter. Vanguard Group Inc. now owns 1,391,525 shares of the energy company’s stock worth $11,202,000 after acquiring an additional 45,914 shares in the last quarter. Acadian Asset Management LLC grew its holdings in shares of FutureFuel by 76.5% in the 1st quarter. Acadian Asset Management LLC now owns 176,038 shares of the energy company’s stock worth $1,415,000 after acquiring an additional 76,322 shares during the last quarter. Finally, EntryPoint Capital LLC acquired a new stake in shares of FutureFuel during the first quarter worth $83,000. Institutional investors own 44.56% of the company’s stock.

About FutureFuel

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.