Watch for Continued Losses in Shares of FutureFuel Corp. (FF)

July 8, 2021 10:27:36

Shares of FutureFuel Corp. (NYSE:FF) traded at a new 52-week low today of $8.93. So far today approximately 74,000 shares have been exchanged, as compared to an average 30-day volume of 388,000 shares.

Potential upside of 162.2% exists for FutureFuel Corp., based on a current level of $9.10 and analysts’ average consensus price target of $23.86.

FutureFuel makes and sells diversified chemical products, bio-based fuel products, and specialty chemical products. The company is organized into two segments based on product type: biofuels and chemicals. The biofuel segment sells biodiesel and other petroleum products. Its fuels are made from the mix of diesel, vegetable oils, and grease feedstock. The chemicals segment sells products that are used in the production of agricultural chemicals, which include herbicides, coatings, and cleaning products, such as detergents. The company earns most of its revenue from the United States.

FutureFuel Corp. share prices have moved between a 52-week high of $17.86 and the current low of $8.93 and are currently at $9.10 per share.

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