Uni-Fuels (NASDAQ:UFG) Issues Earnings Results

Uni-Fuels (NASDAQ:UFG) announced its quarterly earnings results on Wednesday. The company reported $0.02 EPS for the quarter, FiscalAI reports. The firm had revenue of $98.55 million for the quarter.

Uni-Fuels Trading Up 25.0%

Uni-Fuels stock opened at $0.72 on Thursday. Uni-Fuels has a 52 week low of $0.45 and a 52 week high of $9.91. The stock has a 50 day moving average of $0.64 and a 200-day moving average of $0.79.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Uni-Fuels in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

Institutional Investors Weigh In On Uni-Fuels

Several hedge funds and other institutional investors have recently modified their holdings of UFG. Citadel Advisors LLC acquired a new position in Uni-Fuels in the third quarter worth about $106,000. Squarepoint Ops LLC acquired a new stake in Uni-Fuels during the third quarter valued at approximately $107,000. BNP Paribas Financial Markets acquired a new stake in Uni-Fuels during the third quarter valued at approximately $183,000. JPMorgan Chase & Co. bought a new position in Uni-Fuels during the 3rd quarter worth approximately $399,000. Finally, XTX Topco Ltd bought a new position in Uni-Fuels during the 3rd quarter worth approximately $566,000.

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.