Uni-Fuels (NASDAQ:UFG) Stock Price Up 1.4% – Should You Buy?

Uni-Fuels Holdings Limited (NASDAQ:UFG) shares rose 1.4% during trading on Wednesday . The stock traded as high as $0.74 and last traded at $0.72. Approximately 30,244 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 104,294 shares. The stock had previously closed at $0.71.

Wall Street Analyst Weigh In

Several research firms recently issued reports on UFG. Wall Street Zen raised Uni-Fuels from a “sell” rating to a “hold” rating in a research note on Sunday, February 22nd. Weiss Ratings reissued a “sell (d)” rating on shares of Uni-Fuels in a research note on Friday, May 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Uni-Fuels Stock Up 1.6%

The company has a 50 day moving average of $0.86 and a 200-day moving average of $0.97.

Uni-Fuels (NASDAQ:UFG) last posted its earnings results on Wednesday, April 22nd. The company reported ($0.10) earnings per share (EPS) for the quarter. The company had revenue of ($57.31) million during the quarter. On average, analysts predict that Uni-Fuels Holdings Limited will post 0.02 EPS for the current fiscal year.

Institutional Trading of Uni-Fuels

Large investors have recently bought and sold shares of the company. Ground Swell Capital LLC bought a new stake in Uni-Fuels during the 4th quarter valued at approximately $61,000. Citadel Advisors LLC bought a new stake in Uni-Fuels during the 3rd quarter valued at approximately $106,000. Squarepoint Ops LLC bought a new stake in Uni-Fuels during the 3rd quarter valued at approximately $107,000. BNP Paribas Financial Markets bought a new stake in Uni-Fuels during the 3rd quarter valued at approximately $183,000. Finally, JPMorgan Chase & Co. bought a new stake in Uni-Fuels during the 3rd quarter valued at approximately $399,000.

About Uni-Fuels

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.