FutureFuel (NYSE:FF) Stock Crosses Below 200 Day Moving Average – Should You Sell?

FutureFuel Corp. (NYSE:FF) shares passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $4.63 and traded as low as $2.77. FutureFuel shares last traded at $3.1250, with a volume of 7,415,688 shares changing hands.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on FF. Wall Street Zen upgraded FutureFuel from a “sell” rating to a “hold” rating in a report on Saturday, August 15th. Weiss Ratings lowered shares of FutureFuel from a “sell (d+)” rating to a “sell (d-)” rating in a research note on Thursday, August 13th. Finally, Gabelli started coverage on shares of FutureFuel in a research note on Tuesday. They issued an “add” rating and a $9.00 price objective for the company. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $9.00.

FutureFuel Stock Down 38.4%

The firm’s 50 day simple moving average is $5.35 and its two-hundred day simple moving average is $4.63. The stock has a market capitalization of $137.06 million, a P/E ratio of -4.60 and a beta of 0.82.

FutureFuel (NYSE:FF) last released its quarterly earnings data on Monday, November 9th. The energy company reported ($0.19) earnings per share (EPS) for the quarter. The company had revenue of $104.67 million for the quarter. FutureFuel had a negative return on equity of 19.75% and a negative net margin of 12.59%.

FutureFuel Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Friday, December 4th will be given a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, December 4th. FutureFuel’s payout ratio is presently -5.71%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in FF. BlackRock Inc. bought a new position in FutureFuel in the second quarter worth approximately $8,653,000. Kestra Advisory Services LLC bought a new stake in shares of FutureFuel during the third quarter valued at approximately $1,567,000. Empowered Funds LLC bought a new stake in shares of FutureFuel during the second quarter valued at approximately $1,384,000. Bank of New York Mellon Corp bought a new stake in shares of FutureFuel during the second quarter valued at approximately $1,214,000. Finally, GSA Capital Partners LLP bought a new stake in shares of FutureFuel during the second quarter valued at approximately $1,029,000. 44.56% of the stock is owned by institutional investors and hedge funds.

About FutureFuel

FutureFuel Corp. is a chemical and biofuels manufacturer headquartered in Missouri. Through its subsidiary, FutureFuel Chemical Company, the business operates a manufacturing facility in Batesville, Arkansas, where it produces specialty chemicals and renewable fuels. The company’s chemical operations manufacture custom and specialty organic chemicals for industrial and commercial customers. Its product capabilities include chemicals used in areas such as coatings, solvents, polymers, agricultural applications and other specialty markets.