FutureFuel (NYSE:FF) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

FutureFuel Corp. (NYSE:FF)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $3.99 and traded as high as $4.78. FutureFuel shares last traded at $4.6930, with a volume of 349,685 shares trading hands.

Analyst Upgrades and Downgrades

FF has been the subject of several recent analyst reports. Wall Street Zen raised FutureFuel from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 16th. Weiss Ratings reissued a “sell (d)” rating on shares of FutureFuel in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

FutureFuel Stock Performance

The company has a market capitalization of $204.43 million, a P/E ratio of -3.92 and a beta of 0.81. The business has a fifty day moving average of $4.38 and a 200-day moving average of $4.00.

FutureFuel (NYSE:FF) last posted its earnings results on Monday, May 11th. The energy company reported ($0.47) EPS for the quarter. FutureFuel had a negative return on equity of 32.51% and a negative net margin of 47.51%.The business had revenue of $31.95 million for the quarter.

FutureFuel Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, September 4th will be paid a $0.01 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.04 annualized dividend and a dividend yield of 0.9%. FutureFuel’s dividend payout ratio is -3.36%.

Insider Buying and Selling at FutureFuel

In related news, CEO Roeland Polet bought 10,000 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were bought at an average price of $4.28 per share, for a total transaction of $42,800.00. Following the completion of the acquisition, the chief executive officer directly owned 35,000 shares of the company’s stock, valued at $149,800. This trade represents a 40.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 42.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On FutureFuel

A number of institutional investors and hedge funds have recently bought and sold shares of FF. BNP Paribas Financial Markets lifted its stake in FutureFuel by 226.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 9,038 shares of the energy company’s stock valued at $35,000 after acquiring an additional 6,266 shares in the last quarter. Brooklyn Investment Group raised its holdings in shares of FutureFuel by 4,087.0% in the third quarter. Brooklyn Investment Group now owns 12,854 shares of the energy company’s stock valued at $50,000 after purchasing an additional 12,547 shares during the last quarter. Centiva Capital LP purchased a new stake in shares of FutureFuel in the third quarter valued at about $50,000. Jacobs Levy Equity Management Inc. bought a new position in shares of FutureFuel during the third quarter valued at about $51,000. Finally, PNC Financial Services Group Inc. lifted its position in shares of FutureFuel by 65.3% during the first quarter. PNC Financial Services Group Inc. now owns 16,404 shares of the energy company’s stock valued at $63,000 after purchasing an additional 6,480 shares in the last quarter. 44.56% of the stock is owned by hedge funds and other institutional investors.

About FutureFuel

FutureFuel Corporation (NYSE: FF) operates as a specialty chemicals and biofuels producer, combining industrial chemistry with renewable energy solutions. Through its wholly owned subsidiary, FutureFuel Chemical Company, it manufactures a diverse portfolio of chemical products that serve fiber and textile applications, agricultural markets, water treatment processes and industrial coatings. In parallel, the company produces biodiesel using vegetable oils and animal fats as feedstocks, supplying both wholesale fuel distributors and commercial users seeking lower-carbon fuel alternatives.

The company’s manufacturing hub is located in Decatur, Arkansas, on a site originally constructed as an ordnance plant during World War II.