Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for FutureFuel Corp (NYSE: FF) weakened of late. FF’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
On 8/16/24, FutureFuel Corp (NYSE: FF) stock rose modestly by 0.7%, closing at $6.16. Moreover, exceptionally high trading volume at 234% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 30.2% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, FF is expected to continue to be a Value Builder.
FutureFuel has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. FutureFuel has a slightly positive Appreciation Score of 63 but a poor Power Rating of 18, leading to the Negative Value Trend Rating.
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