FutureFuel (NYSE:FF) Stock Crosses Above 200-Day Moving Average – Time to Sell?

FutureFuel Corp. (NYSE:FF) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.85 and traded as high as $4.67. FutureFuel shares last traded at $4.5950, with a volume of 119,143 shares.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on FF shares. Wall Street Zen upgraded shares of FutureFuel from a “strong sell” rating to a “sell” rating in a report on Saturday, May 16th. Weiss Ratings reiterated a “sell (d)” rating on shares of FutureFuel in a report on Tuesday, April 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

FutureFuel Stock Up 0.8%

The company has a 50 day simple moving average of $4.30 and a 200 day simple moving average of $3.85. The company has a market capitalization of $201.54 million, a price-to-earnings ratio of -3.86 and a beta of 0.82.

FutureFuel (NYSE:FF) last released its quarterly earnings data on Monday, May 11th. The energy company reported ($0.47) earnings per share for the quarter. FutureFuel had a negative net margin of 47.51% and a negative return on equity of 32.51%. The firm had revenue of $31.95 million during the quarter.

FutureFuel Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, June 4th. FutureFuel’s payout ratio is -3.36%.

Insider Transactions at FutureFuel

In other FutureFuel news, CEO Roeland Polet acquired 10,000 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was bought at an average cost of $4.28 per share, for a total transaction of $42,800.00. Following the completion of the purchase, the chief executive officer directly owned 35,000 shares in the company, valued at $149,800. This represents a 40.00% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 42.40% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On FutureFuel

A number of hedge funds have recently made changes to their positions in FF. Empowered Funds LLC boosted its position in FutureFuel by 7.4% during the 1st quarter. Empowered Funds LLC now owns 250,502 shares of the energy company’s stock worth $977,000 after purchasing an additional 17,192 shares during the period. Jane Street Group LLC raised its position in FutureFuel by 447.4% in the first quarter. Jane Street Group LLC now owns 61,481 shares of the energy company’s stock valued at $240,000 after purchasing an additional 50,249 shares during the period. Geode Capital Management LLC lifted its stake in shares of FutureFuel by 10.7% during the second quarter. Geode Capital Management LLC now owns 958,499 shares of the energy company’s stock worth $3,720,000 after purchasing an additional 92,481 shares in the last quarter. First Trust Advisors LP lifted its stake in shares of FutureFuel by 4.1% during the second quarter. First Trust Advisors LP now owns 84,844 shares of the energy company’s stock worth $329,000 after purchasing an additional 3,328 shares in the last quarter. Finally, Marshall Wace LLP boosted its position in shares of FutureFuel by 56.3% in the second quarter. Marshall Wace LLP now owns 96,306 shares of the energy company’s stock worth $374,000 after buying an additional 34,688 shares during the period. Hedge funds and other institutional investors own 44.56% of the company’s stock.

FutureFuel Company Profile

FutureFuel Corporation (NYSE: FF) operates as a specialty chemicals and biofuels producer, combining industrial chemistry with renewable energy solutions. Through its wholly owned subsidiary, FutureFuel Chemical Company, it manufactures a diverse portfolio of chemical products that serve fiber and textile applications, agricultural markets, water treatment processes and industrial coatings. In parallel, the company produces biodiesel using vegetable oils and animal fats as feedstocks, supplying both wholesale fuel distributors and commercial users seeking lower-carbon fuel alternatives.

The company’s manufacturing hub is located in Decatur, Arkansas, on a site originally constructed as an ordnance plant during World War II.