FutureFuel (NYSE:FF - Get Free Report) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "hold" rating in a research report issued on Tuesday.
FutureFuel Stock Performance
Shares of FF remained flat at $5.19 during trading hours on Tuesday. 236,475 shares of the stock were exchanged, compared to its average volume of 450,371. The firm has a fifty day moving average of $5.81 and a two-hundred day moving average of $5.42. FutureFuel has a 1-year low of $4.15 and a 1-year high of $8.36. The firm has a market cap of $227.11 million, a PE ratio of 6.33 and a beta of 0.61.
Insider Transactions at FutureFuel
In other FutureFuel news, CEO Roeland Polet bought 10,000 shares of the stock in a transaction dated Wednesday, November 13th. The stock was bought at an average cost of $5.11 per share, for a total transaction of $51,100.00. Following the completion of the purchase, the chief executive officer now owns 10,000 shares in the company, valued at $51,100. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 41.10% of the stock is currently owned by insiders.
Hedge Funds Weigh In On FutureFuel
A number of institutional investors have recently modified their holdings of FF. Vanguard Group Inc. raised its position in shares of FutureFuel by 3.4% during the first quarter. Vanguard Group Inc. now owns 1,391,525 shares of the energy company's stock worth $11,202,000 after acquiring an additional 45,914 shares during the last quarter. Acadian Asset Management LLC boosted its stake in shares of FutureFuel by 76.5% in the 1st quarter. Acadian Asset Management LLC now owns 176,038 shares of the energy company's stock valued at $1,415,000 after purchasing an additional 76,322 shares during the last quarter. EntryPoint Capital LLC acquired a new stake in shares of FutureFuel during the 1st quarter worth approximately $83,000. Quadrature Capital Ltd raised its stake in shares of FutureFuel by 170.7% during the first quarter. Quadrature Capital Ltd now owns 37,569 shares of the energy company's stock worth $302,000 after buying an additional 23,692 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its holdings in FutureFuel by 4.9% in the first quarter. Jacobs Levy Equity Management Inc. now owns 172,808 shares of the energy company's stock valued at $1,391,000 after buying an additional 8,003 shares during the period. 44.56% of the stock is owned by institutional investors.
About FutureFuel
(
Get Free Report)
FutureFuel Corp., together with its subsidiaries, 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.
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