FutureFuel (NYSE:FF) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

FutureFuel Corp. (NYSE:FF) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.65 and traded as high as $4.56. FutureFuel shares last traded at $4.42, with a volume of 373,920 shares changing hands.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of FutureFuel in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, FutureFuel has a consensus rating of “Sell”.

FutureFuel Trading Up 0.7%

The stock has a market cap of $193.60 million, a price-to-earnings ratio of -5.59 and a beta of 0.70. The firm’s 50 day moving average is $3.52 and its two-hundred day moving average is $3.65.

FutureFuel Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th will be given a $0.06 dividend. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $0.24 annualized dividend and a dividend yield of 5.4%. FutureFuel’s dividend payout ratio (DPR) is currently -30.38%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FF. BNP Paribas Financial Markets lifted its position in shares of FutureFuel by 226.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 9,038 shares of the energy company’s stock worth $35,000 after buying an additional 6,266 shares during the last quarter. Gate City Capital Management LLC lifted its holdings in FutureFuel by 37.3% in the fourth quarter. Gate City Capital Management LLC now owns 1,104,149 shares of the energy company’s stock worth $3,522,000 after acquiring an additional 299,924 shares during the last quarter. GSA Capital Partners LLP boosted its stake in FutureFuel by 212.9% in the fourth quarter. GSA Capital Partners LLP now owns 295,890 shares of the energy company’s stock valued at $944,000 after acquiring an additional 201,323 shares during the period. JPMorgan Chase & Co. boosted its stake in FutureFuel by 310.4% in the third quarter. JPMorgan Chase & Co. now owns 51,036 shares of the energy company’s stock valued at $198,000 after acquiring an additional 38,601 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in shares of FutureFuel by 50.6% during the third quarter. PNC Financial Services Group Inc. now owns 15,043 shares of the energy company’s stock valued at $58,000 after purchasing an additional 5,053 shares during the last quarter. Institutional investors and hedge funds own 44.56% of the company’s stock.

FutureFuel Company Profile

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.