FutureFuel (NYSE:FF) Rating Increased to Buy at StockNews.com

StockNews.com upgraded shares of FutureFuel (NYSE:FF) from a hold rating to a buy rating in a report issued on Friday.

Separately, TheStreet lowered FutureFuel from a b- rating to a c+ rating in a report on Monday, August 21st.

FutureFuel Stock Performance

FutureFuel stock opened at $6.19 on Friday. The company’s fifty day moving average price is $6.77 and its 200 day moving average price is $7.95. FutureFuel has a 1 year low of $5.27 and a 1 year high of $10.31. The stock has a market capitalization of $270.89 million, a P/E ratio of 9.52 and a beta of 0.88.

Hedge Funds Weigh In On FutureFuel

Several institutional investors have recently bought and sold shares of FF. AQR Capital Management LLC grew its position in FutureFuel by 290.2% in the 2nd quarter. AQR Capital Management LLC now owns 405,090 shares of the energy company’s stock valued at $2,949,000 after acquiring an additional 301,269 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of FutureFuel by 141.8% during the first quarter. Goldman Sachs Group Inc. now owns 352,731 shares of the energy company’s stock worth $3,432,000 after buying an additional 206,869 shares in the last quarter. UBS Group AG grew its position in shares of FutureFuel by 8,212.2% during the fourth quarter. UBS Group AG now owns 203,982 shares of the energy company’s stock worth $1,658,000 after buying an additional 201,528 shares in the last quarter. Penn Mutual Asset Management LLC grew its position in shares of FutureFuel by 33.1% during the third quarter. Penn Mutual Asset Management LLC now owns 631,694 shares of the energy company’s stock worth $4,529,000 after buying an additional 157,150 shares in the last quarter. Finally, EA Series Trust acquired a new position in shares of FutureFuel during the second quarter worth about $1,339,000. 48.87% of the stock is owned by institutional investors and hedge funds.

FutureFuel Company Profile

FutureFuel Corp., through its subsidiary, FutureFuel Chemical Company, 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.