Uni-Fuels (NASDAQ:UFG) Announces Quarterly Earnings Results

Uni-Fuels (NASDAQ:UFG) announced its quarterly earnings data on Tuesday. The company reported $999.00 earnings per share (EPS) for the quarter, Zacks reports.

Uni-Fuels Trading Up 37.7%

Uni-Fuels stock opened at $0.99 on Tuesday. Uni-Fuels has a 12-month low of $0.60 and a 12-month high of $11.00. The business’s 50-day moving average price is $0.86 and its two-hundred day moving average price is $0.97.

Analysts Set New Price Targets

UFG has been the subject of several research reports. Wall Street Zen raised Uni-Fuels from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Weiss Ratings reiterated a “sell (d)” rating on shares of Uni-Fuels in a research report on Friday, May 1st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Hedge Funds Weigh In On Uni-Fuels

A number of institutional investors have recently added to or reduced their stakes in the stock. XTX Topco Ltd acquired a new stake in Uni-Fuels in the third quarter valued at approximately $566,000. Citadel Advisors LLC acquired a new position in shares of Uni-Fuels during the third quarter worth $106,000. Squarepoint Ops LLC bought a new stake in Uni-Fuels during the 3rd quarter worth $107,000. Quadrature Capital Ltd acquired a new position in Uni-Fuels in the 3rd quarter worth about $1,384,000. Finally, BNP Paribas Financial Markets acquired a new position in Uni-Fuels in the 3rd quarter worth about $183,000.

Uni-Fuels Company Profile

Uni-Fuels, Inc (NASDAQ: UFG) is an independent developer and marketer of renewable transportation fuels, specializing in biodiesel and renewable diesel. The company sources feedstocks such as soybean oil, used cooking oils and animal fats, converting them through tolling arrangements into fuels that meet ASTM specifications for use in on-road and off-road diesel engines. Uni-Fuels focuses on integrating supply, production and logistics to deliver low-carbon intensity fuels that comply with U.S.