FutureFuel (NYSE:FF) Lowered to “Hold” Rating by StockNews.com

StockNews.com lowered shares of FutureFuel (NYSE:FF) from a strong-buy rating to a hold rating in a report released on Tuesday.

FutureFuel Price Performance

Shares of FF stock opened at $5.14 on Tuesday. FutureFuel has a 1-year low of $4.15 and a 1-year high of $8.36. The stock’s 50-day moving average is $5.79 and its 200 day moving average is $5.42. The company has a market cap of $224.94 million, a P/E ratio of 6.27 and a beta of 0.61.

Insider Activity at FutureFuel

In other FutureFuel news, CEO Roeland Polet purchased 10,000 shares of the stock in a transaction on Wednesday, November 13th. The stock was acquired at an average price of $5.11 per share, with a total value of $51,100.00. Following the completion of the acquisition, the chief executive officer now owns 10,000 shares in the company, valued at $51,100. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. 41.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On FutureFuel

Several institutional investors have recently added to or reduced their stakes in the business. Barclays PLC lifted its holdings in shares of FutureFuel by 286.3% during the third quarter. Barclays PLC now owns 34,241 shares of the energy company’s stock worth $197,000 after purchasing an additional 25,377 shares during the period. Geode Capital Management LLC raised its position in FutureFuel by 19.1% during the third quarter. Geode Capital Management LLC now owns 800,995 shares of the energy company’s stock valued at $4,607,000 after acquiring an additional 128,655 shares in the last quarter. XTX Topco Ltd purchased a new position in FutureFuel during the third quarter valued at approximately $82,000. Jane Street Group LLC raised its position in FutureFuel by 101.4% during the third quarter. Jane Street Group LLC now owns 36,370 shares of the energy company’s stock valued at $209,000 after acquiring an additional 18,307 shares in the last quarter. Finally, State Street Corp raised its position in FutureFuel by 1.0% during the third quarter. State Street Corp now owns 604,423 shares of the energy company’s stock valued at $3,475,000 after acquiring an additional 5,947 shares in the last quarter. Institutional investors and hedge funds own 44.56% of the company’s stock.

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.