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

Shares of FutureFuel Corp. (NYSE:FF) crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $4.62 and traded as high as $5.17. FutureFuel shares last traded at $5.1380, with a volume of 379,453 shares.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Weiss Ratings downgraded shares of FutureFuel from a “sell (d+)” rating to a “sell (d-)” rating in a report on Thursday, August 13th. Wall Street Zen raised shares of FutureFuel from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

FutureFuel Stock Down 0.0%

The firm has a 50 day moving average of $5.27 and a 200-day moving average of $4.62. The company has a market cap of $225.35 million, a P/E ratio of -7.34 and a beta of 0.83.

FutureFuel (NYSE:FF) last issued its earnings results on Monday, August 10th. The energy company reported $0.25 earnings per share for the quarter. FutureFuel had a negative return on equity of 19.75% and a negative net margin of 19.94%.The business had revenue of $78.73 million during the quarter.

FutureFuel Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Stockholders of record on Friday, December 4th will be paid a dividend of $0.01 per share. The ex-dividend date is Friday, December 4th. This represents a $0.04 annualized dividend and a dividend yield of 0.8%. FutureFuel’s dividend payout ratio (DPR) is currently -5.71%.

Institutional Trading of FutureFuel

Institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. bought a new position in FutureFuel during the 2nd quarter worth about $8,653,000. Gate City Capital Management LLC raised its holdings in shares of FutureFuel by 37.3% in the 4th quarter. Gate City Capital Management LLC now owns 1,104,149 shares of the energy company’s stock valued at $3,522,000 after purchasing an additional 299,924 shares in the last quarter. Empowered Funds LLC lifted its position in shares of FutureFuel by 3.3% in the 1st quarter. Empowered Funds LLC now owns 311,214 shares of the energy company’s stock worth $1,198,000 after purchasing an additional 10,061 shares during the period. Bank of New York Mellon Corp purchased a new stake in shares of FutureFuel in the 2nd quarter worth approximately $1,214,000. Finally, GSA Capital Partners LLP bought a new position in shares of FutureFuel during the second quarter valued at approximately $1,029,000. 44.56% of the stock is currently owned by institutional investors.

FutureFuel Company Profile

FutureFuel Corp. (NYSE: FF) is a chemical manufacturing company that develops and produces specialty chemicals and biofuels. Its operations are conducted primarily through its subsidiary, FutureFuel Chemical Company, which operates a manufacturing facility in Batesville, Arkansas.

The company’s chemical business provides products and custom manufacturing services for a range of industrial applications. Its products serve markets including coatings, adhesives, agriculture, automotive, pharmaceuticals and household products.