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

StockNews.com lowered shares of FutureFuel (NYSE:FF - Free Report) from a strong-buy rating to a buy rating in a research report report published on Friday morning.

FutureFuel Stock Performance

Shares of FF stock traded down $0.07 during trading on Friday, hitting $5.98. 191,535 shares of the company were exchanged, compared to its average volume of 450,300. The firm has a market capitalization of $261.47 million, a price-to-earnings ratio of 6.57 and a beta of 0.62. The business's 50-day simple moving average is $5.92 and its 200 day simple moving average is $5.43. FutureFuel has a twelve month low of $4.15 and a twelve month high of $8.36.

FutureFuel (NYSE:FF - Get Free Report) last posted its quarterly earnings results on Friday, August 9th. The energy company reported $0.22 EPS for the quarter. The business had revenue of $72.41 million during the quarter. FutureFuel had a net margin of 11.80% and a return on equity of 15.62%.

Insider Activity at FutureFuel

In other FutureFuel news, Director Paul Manheim acquired 6,000 shares of the business's stock in a transaction that occurred on Thursday, August 15th. The shares were purchased at an average price of $6.10 per share, with a total value of $36,600.00. Following the completion of the transaction, the director now owns 19,103 shares in the company, valued at $116,528.30. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 41.10% of the company's stock.

Hedge Funds Weigh In On FutureFuel

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. nVerses Capital LLC bought a new position in shares of FutureFuel in the second quarter valued at approximately $26,000. PNC Financial Services Group Inc. grew its stake in shares of FutureFuel by 821.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 6,029 shares of the energy company's stock worth $37,000 after acquiring an additional 5,375 shares during the last quarter. Nisa Investment Advisors LLC grew its stake in shares of FutureFuel by 27.3% in the second quarter. Nisa Investment Advisors LLC now owns 25,238 shares of the energy company's stock worth $129,000 after acquiring an additional 5,408 shares during the last quarter. Pallas Capital Advisors LLC grew its stake in shares of FutureFuel by 57.7% in the third quarter. Pallas Capital Advisors LLC now owns 18,518 shares of the energy company's stock worth $114,000 after acquiring an additional 6,779 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its stake in shares of FutureFuel by 4.9% in the first quarter. Jacobs Levy Equity Management Inc. now owns 172,808 shares of the energy company's stock worth $1,391,000 after acquiring an additional 8,003 shares during the last quarter. Institutional investors own 44.56% of the company's stock.

FutureFuel Company Profile

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.