FutureFuel (NYSE:FF) Raised 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 research report report published on Tuesday.

FutureFuel Trading Down 1.3 %

NYSE:FF opened at $6.14 on Tuesday. The company has a 50-day moving average of $5.76 and a 200-day moving average of $5.58. The firm has a market cap of $268.69 million, a price-to-earnings ratio of 6.75 and a beta of 0.62. FutureFuel has a twelve month low of $4.15 and a twelve month high of $8.36.

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

Insider Activity

In related news, Director Paul Manheim purchased 6,000 shares of FutureFuel stock in a transaction dated Thursday, August 15th. The stock was acquired at an average cost of $6.10 per share, with a total value of $36,600.00. Following the completion of the transaction, the director now directly owns 19,103 shares of the company’s stock, 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 Securities & Exchange Commission, which can be accessed through this hyperlink. 41.10% 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 made changes to their positions in FF. nVerses Capital LLC acquired a new position in FutureFuel in the second quarter worth approximately $26,000. PNC Financial Services Group Inc. raised its holdings in shares of 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 in the last quarter. SG Americas Securities LLC acquired a new stake in shares of FutureFuel in the 3rd quarter valued at $58,000. Pallas Capital Advisors LLC bought a new stake in FutureFuel in the second quarter worth $63,000. Finally, EntryPoint Capital LLC bought a new position in FutureFuel during the first quarter valued at about $83,000. 44.56% of the stock is owned by hedge funds and other institutional investors.

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.