FutureFuel (NYSE:FF) Stock Rating Upgraded by StockNews.com

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

FutureFuel Stock Performance

Shares of FutureFuel stock opened at $5.19 on Monday. The company has a market capitalization of $226.90 million, a P/E ratio of 6.32 and a beta of 0.61. FutureFuel has a 1 year low of $4.15 and a 1 year high of $8.36. The company’s fifty day moving average is $5.84 and its two-hundred day moving average is $5.43.

Insider Buying and Selling

In related news, CEO Roeland Polet purchased 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 13th. The stock was purchased at an average cost of $5.11 per share, with a total value of $51,100.00. Following the completion of the acquisition, the chief executive officer now directly owns 10,000 shares in the company, valued at $51,100. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 41.10% of the company’s stock.

Hedge Funds Weigh In On FutureFuel

Large investors have recently bought and sold shares of the company. Walleye Capital LLC boosted its holdings in shares of FutureFuel by 39.9% in the third quarter. Walleye Capital LLC now owns 98,823 shares of the energy company’s stock valued at $568,000 after acquiring an additional 28,181 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in FutureFuel by 677.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 38,818 shares of the energy company’s stock valued at $223,000 after purchasing an additional 33,822 shares in the last quarter. FMR LLC boosted its holdings in FutureFuel by 235.8% in the 3rd quarter. FMR LLC now owns 23,026 shares of the energy company’s stock valued at $132,000 after purchasing an additional 16,169 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new position in FutureFuel during the 3rd quarter worth approximately $69,000. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of FutureFuel in the 3rd quarter valued at approximately $266,000. Hedge funds and other institutional investors 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.