FutureFuel (NYSE:FF) Trading Up 5.3%

Shares of FutureFuel Corp. (NYSE:FF) were up 5.3% on Wednesday . The stock traded as high as $11.59 and last traded at $11.50, approximately 101,400 shares were traded during mid-day trading. A decline of 10% from the average daily volume of 113,014 shares. The stock had previously closed at $10.92.

Separately, HC Wainwright reissued a “buy” rating and issued a $1.70 price objective on shares of FutureFuel in a report on Monday, August 19th.

The firm has a market capitalization of $490.80 million, a price-to-earnings ratio of 28.05 and a beta of 1.98. The company has a fifty day moving average price of $11.94 and a two-hundred day moving average price of $11.43.

Several hedge funds have recently bought and sold shares of FF. First Trust Advisors LP boosted its holdings in shares of FutureFuel by 2.0% in the first quarter. First Trust Advisors LP now owns 47,456 shares of the energy company’s stock valued at $636,000 after acquiring an additional 937 shares during the period. Strs Ohio lifted its holdings in shares of FutureFuel by 43.0% during the second quarter. Strs Ohio now owns 54,200 shares of the energy company’s stock worth $633,000 after purchasing an additional 16,300 shares during the period. Bowling Portfolio Management LLC acquired a new stake in shares of FutureFuel during the second quarter worth $1,290,000. Aperio Group LLC lifted its holdings in shares of FutureFuel by 8.1% during the second quarter. Aperio Group LLC now owns 29,155 shares of the energy company’s stock worth $341,000 after purchasing an additional 2,175 shares during the period. Finally, Municipal Employees Retirement System of Michigan lifted its holdings in shares of FutureFuel by 14.9% during the second quarter. Municipal Employees Retirement System of Michigan now owns 53,680 shares of the energy company’s stock worth $627,000 after purchasing an additional 6,960 shares during the period. 48.57% of the stock is owned by institutional investors and hedge funds.

About FutureFuel (NYSE:FF)

FutureFuel Corp., through its subsidiaries, manufactures and sells diversified chemical products, bio-based products, and bio-based specialty chemical products in the United States. It operates in two segments, Chemicals and Biofuels. The Chemicals segment manufactures and sells custom chemicals, including agrochemicals and intermediates, laundry detergent additives, biocides intermediates, specialty polymers, dyes, stabilizers, and chemicals intermediates; and chemicals used in consumer products consisting of cosmetics and personal care products, specialty polymers, and specialty products used in the fuels industry.

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