FutureFuel (NYSE:FF) Lifted to Strong-Buy at StockNews.com

FutureFuel (NYSE:FF) was upgraded by research analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a research report issued on Thursday.

FutureFuel Price Performance

Shares of NYSE FF traded up $0.08 during mid-day trading on Thursday, hitting $6.16. The company had a trading volume of 282,265 shares, compared to its average volume of 456,363. The stock has a market cap of $269.58 million, a price-to-earnings ratio of 13.39 and a beta of 0.62. The firm’s 50 day simple moving average is $5.93 and its two-hundred day simple moving average is $5.44. FutureFuel has a 12 month low of $4.15 and a 12 month high of $8.36.

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

Insiders Place Their Bets

In other FutureFuel news, Director Paul Manheim purchased 6,000 shares of the business’s stock in a transaction dated Thursday, August 15th. The shares were bought at an average price of $6.10 per share, with a total value of $36,600.00. Following the completion of the acquisition, the director now owns 19,103 shares in the company, valued at approximately $116,528.30. This represents a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 40.90% of the stock is owned by insiders.

Institutional Investors Weigh In On FutureFuel

Hedge funds and other institutional investors have recently modified their holdings of the stock. Commonwealth Equity Services LLC increased its stake in FutureFuel by 1.0% during the 1st quarter. Commonwealth Equity Services LLC now owns 333,753 shares of the energy company’s stock valued at $2,687,000 after buying an additional 3,460 shares during the period. nVerses Capital LLC acquired a new position in shares of FutureFuel during the second quarter valued at approximately $26,000. PNC Financial Services Group Inc. raised its holdings in FutureFuel by 821.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 6,029 shares of the energy company’s stock worth $37,000 after purchasing an additional 5,375 shares in the last quarter. Nisa Investment Advisors LLC lifted its position in 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 purchasing an additional 5,408 shares during the period. Finally, Jacobs Levy Equity Management Inc. boosted its stake in FutureFuel by 4.9% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 172,808 shares of the energy company’s stock valued at $1,391,000 after purchasing an additional 8,003 shares in the last quarter. 44.56% of the stock is currently owned by institutional investors.

About FutureFuel

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.