FutureFuel (NYSE:FF) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Shares of FutureFuel Corp. (NYSE:FF) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.59 and traded as high as $5.52. FutureFuel shares last traded at $5.4660, with a volume of 308,208 shares.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on FF. Weiss Ratings downgraded FutureFuel from a “sell (d+)” rating to a “sell (d-)” rating in a report on Thursday, August 13th. Wall Street Zen upgraded shares of FutureFuel from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, FutureFuel has a consensus rating of “Sell”.

FutureFuel Trading Up 1.6%

The stock has a market capitalization of $244.10 million, a PE ratio of -7.95 and a beta of 0.83. The stock’s fifty day simple moving average is $5.22 and its 200-day simple moving average is $4.59.

FutureFuel (NYSE:FF) last released its quarterly earnings results on Monday, August 10th. The energy company reported $0.25 earnings per share for the quarter. FutureFuel had a negative net margin of 19.94% and a negative return on equity of 19.75%. The company had revenue of $78.73 million for the quarter.

FutureFuel Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 18th. Stockholders of record on Friday, December 4th will be paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Friday, December 4th. FutureFuel’s payout ratio is presently -5.71%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Odyssean LLC increased its position in shares of FutureFuel by 79.3% during the 2nd quarter. Odyssean LLC now owns 60,816 shares of the energy company’s stock valued at $275,000 after purchasing an additional 26,890 shares during the last quarter. AXQ Capital LP purchased a new stake in FutureFuel during the second quarter worth about $55,000. Empowered Funds LLC bought a new stake in FutureFuel in the second quarter worth about $1,384,000. Bank of America Corp DE purchased a new position in FutureFuel in the second quarter valued at about $89,000. Finally, Thomist Capital Management LP purchased a new position in FutureFuel in the second quarter valued at about $338,000. Hedge funds and other institutional investors own 44.56% of the company’s stock.

FutureFuel Company Profile

FutureFuel Corp. (NYSE: FF) is a chemical manufacturing company that develops and produces specialty chemicals and biofuels. Its operations are conducted primarily through its subsidiary, FutureFuel Chemical Company, which operates a manufacturing facility in Batesville, Arkansas.

The company’s chemical business provides products and custom manufacturing services for a range of industrial applications. Its products serve markets including coatings, adhesives, agriculture, automotive, pharmaceuticals and household products.