FutureFuel (NYSE:FF) Upgraded at StockNews.com

FutureFuel (NYSE:FF) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Monday.

Separately, HC Wainwright raised their price objective on shares of FutureFuel from $0.70 to $0.80 and gave the company a “buy” rating in a research report on Tuesday, May 14th.

FutureFuel Stock Performance

Shares of FF stock traded up $0.82 during mid-day trading on Monday, hitting $5.54. 1,209,142 shares of the stock traded hands, compared to its average volume of 505,729. FutureFuel has a twelve month low of $4.15 and a twelve month high of $8.36. The company’s 50-day simple moving average is $5.01 and its 200-day simple moving average is $5.64. The firm has a market cap of $242.45 million, a price-to-earnings ratio of 12.04 and a beta of 0.63.

FutureFuel (NYSE:FF) last announced its earnings results on Friday, May 10th. The energy company reported $0.10 earnings per share for the quarter. FutureFuel had a return on equity of 7.46% and a net margin of 5.86%. The business had revenue of $58.28 million during the quarter.

Insider Activity

In related news, Director Ronald J. Kruszewski purchased 8,544 shares of the firm’s stock in a transaction that occurred on Tuesday, June 11th. The stock was acquired at an average price of $4.50 per share, for a total transaction of $38,448.00. Following the transaction, the director now directly owns 8,544 shares of the company’s stock, valued at approximately $38,448. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Ronald J. Kruszewski purchased 50,358 shares of the business’s stock in a transaction dated Thursday, June 13th. The shares were acquired at an average price of $4.60 per share, for a total transaction of $231,646.80. Following the completion of the acquisition, the director now directly owns 100,000 shares of the company’s stock, valued at $460,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ronald J. Kruszewski purchased 8,544 shares of FutureFuel stock in a transaction that occurred on Tuesday, June 11th. The stock was purchased at an average price of $4.50 per share, with a total value of $38,448.00. Following the transaction, the director now owns 8,544 shares in the company, valued at approximately $38,448. The disclosure for this purchase can be found here. In the last 90 days, insiders purchased 95,302 shares of company stock worth $429,149. Insiders own 40.90% of the company’s stock.

Institutional Trading of FutureFuel

Several large investors have recently added to or reduced their stakes in FF. Commonwealth Equity Services LLC boosted its holdings in shares of FutureFuel by 1.0% during the first quarter. Commonwealth Equity Services LLC now owns 333,753 shares of the energy company’s stock worth $2,687,000 after purchasing an additional 3,460 shares during the period. nVerses Capital LLC acquired a new stake in FutureFuel during the second quarter valued at $26,000. PNC Financial Services Group Inc. raised its stake in shares of FutureFuel by 821.9% during the 4th 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 holdings in shares of FutureFuel by 27.3% during the 2nd quarter. Nisa Investment Advisors LLC now owns 25,238 shares of the energy company’s stock valued at $129,000 after buying an additional 5,408 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its stake in shares of FutureFuel by 4.9% in 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 buying an additional 8,003 shares in the last quarter. 44.56% of the stock is owned by institutional investors and hedge funds.

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.