XCF Global Capital (NASDAQ:SAFX) Issues Quarterly Earnings Results

XCF Global Capital (NASDAQ:SAFX) posted its quarterly earnings results on Tuesday. The company reported ($0.17) EPS for the quarter, FiscalAI reports. The business had revenue of $4.69 million for the quarter.

XCF Global Capital Trading Down 6.1%

Shares of SAFX opened at $0.36 on Wednesday. XCF Global Capital has a twelve month low of $0.12 and a twelve month high of $45.90. The firm has a fifty day moving average price of $0.25. The firm has a market cap of $75.62 million, a price-to-earnings ratio of -0.60 and a beta of -0.13. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.11 and a quick ratio of 0.09.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Roth Mkm assumed coverage on XCF Global Capital in a report on Wednesday, March 18th. They issued a “neutral” rating and a $0.40 target price for the company. Zacks Research upgraded XCF Global Capital to a “hold” rating in a report on Thursday, March 19th. Finally, Weiss Ratings assumed coverage on XCF Global Capital in a research report on Wednesday, January 14th. They issued a “sell (d-)” rating on the stock. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $0.40.

Insider Activity at XCF Global Capital

In related news, major shareholder Randy Soule sold 1,000,000 shares of the business’s stock in a transaction on Tuesday, January 13th. The shares were sold at an average price of $0.16, for a total transaction of $160,000.00. Following the completion of the transaction, the insider owned 76,628,648 shares in the company, valued at approximately $12,260,583.68. The trade was a 1.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.12% of the company’s stock.

Institutional Trading of XCF Global Capital

A number of institutional investors have recently bought and sold shares of SAFX. Goldman Sachs Group Inc. boosted its position in shares of XCF Global Capital by 379.5% during 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 in the last quarter. Jane Street Group LLC acquired a new stake in shares of XCF Global Capital during the 4th quarter worth about $42,000. Deutsche Bank AG raised its position 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 acquiring an additional 151,529 shares in the last quarter. J. Derek Lewis & Associates Inc. purchased a new stake in XCF Global Capital during the fourth quarter worth approximately $64,000. Finally, State Street Corp lifted its stake in 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. 52.34% of the stock is owned by hedge funds and other institutional investors.

XCF Global Capital Company Profile

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.