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

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

Uni-Fuels Trading Up 17.2%

NASDAQ UFG opened at $0.84 on Wednesday. Uni-Fuels has a 1-year low of $0.60 and a 1-year high of $11.00. The company has a 50 day moving average of $0.85 and a 200-day moving average of $0.96.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in UFG. Citadel Advisors LLC acquired a new position in Uni-Fuels during the third quarter valued at approximately $106,000. Squarepoint Ops LLC bought a new stake in Uni-Fuels during the third quarter valued at $107,000. BNP Paribas Financial Markets bought a new stake in Uni-Fuels during the third quarter valued at $183,000. JPMorgan Chase & Co. bought a new stake in Uni-Fuels during the third quarter valued at $399,000. Finally, XTX Topco Ltd bought a new stake in Uni-Fuels during the third quarter valued at $566,000.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Wall Street Zen raised Uni-Fuels from a “sell” rating to a “hold” rating in a research note on Sunday, February 22nd. Weiss Ratings reiterated a “sell (d)” rating on shares of Uni-Fuels in a report on Friday, May 1st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

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.