StockNews.com Upgrades FutureFuel (NYSE:FF) to “Strong-Buy”

StockNews.com upgraded shares of FutureFuel (NYSE:FFFree Report) from a buy rating to a strong-buy rating in a research note published on Monday morning.

FutureFuel Price Performance

FF opened at $5.19 on Monday. The business has a fifty day moving average price of $5.84 and a 200 day moving average price of $5.43. FutureFuel has a 12 month low of $4.15 and a 12 month high of $8.36. The stock has a market capitalization of $226.90 million, a price-to-earnings ratio of 6.32 and a beta of 0.61.

Insider Buying and Selling

In other news, CEO Roeland Polet bought 10,000 shares of the stock in a transaction that occurred on Wednesday, November 13th. The stock was purchased at an average price of $5.11 per share, for a total transaction of $51,100.00. Following the completion of the purchase, the chief executive officer now owns 10,000 shares in the company, valued at approximately $51,100. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 41.10% of the company’s stock.

Institutional Trading of FutureFuel

Hedge funds and other institutional investors have recently bought and sold shares of the business. AQR Capital Management LLC lifted its position in shares of FutureFuel by 76.1% during the 2nd quarter. AQR Capital Management LLC now owns 1,553,136 shares of the energy company’s stock worth $7,968,000 after buying an additional 671,144 shares during the last quarter. Vanguard Group Inc. lifted its position in FutureFuel by 3.4% in the first quarter. Vanguard Group Inc. now owns 1,391,525 shares of the energy company’s stock valued at $11,202,000 after acquiring an additional 45,914 shares during the last quarter. Acadian Asset Management LLC lifted its position in FutureFuel by 321.7% in the second quarter. Acadian Asset Management LLC now owns 742,405 shares of the energy company’s stock valued at $3,808,000 after acquiring an additional 566,367 shares during the last quarter. Los Angeles Capital Management LLC boosted its stake in FutureFuel by 612.4% in the second quarter. Los Angeles Capital Management LLC now owns 352,525 shares of the energy company’s stock valued at $1,808,000 after acquiring an additional 303,038 shares in the last quarter. Finally, American Century Companies Inc. grew its holdings in shares of FutureFuel by 56.1% during the second quarter. American Century Companies Inc. now owns 241,603 shares of the energy company’s stock worth $1,239,000 after purchasing an additional 86,780 shares during the last quarter. 44.56% of the stock is currently owned by institutional investors and hedge funds.

About FutureFuel

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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.

Further Reading

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