XCF Global Capital (NASDAQ:SAFX) Trading Up 44.1% – Still a Buy?

XCF Global Capital, Inc. (NASDAQ:SAFX)’s share price rose 44.1% during mid-day trading on Thursday . The company traded as high as $0.2726 and last traded at $0.2517. Approximately 31,326,852 shares changed hands during mid-day trading, an increase of 318% from the average daily volume of 7,485,975 shares. The stock had previously closed at $0.1747.

Wall Street Analyst Weigh In

Separately, Weiss Ratings initiated coverage on shares of XCF Global Capital in a report on Wednesday, January 14th. They issued a “sell (d-)” rating for the company. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, XCF Global Capital has an average rating of “Sell”.

XCF Global Capital Trading Down 17.6%

The company has a quick ratio of 0.09, a current ratio of 0.11 and a debt-to-equity ratio of 1.01. The stock has a market capitalization of $43.19 million, a price-to-earnings ratio of -0.34 and a beta of -0.13.

Insiders Place Their Bets

In other XCF Global Capital news, major shareholder Randy Soule sold 561,363 shares of the company’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $0.15, for a total value of $84,204.45. Following the completion of the transaction, the insider directly owned 76,067,285 shares in the company, valued at approximately $11,410,092.75. This represents a 0.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.12% of the stock is owned by insiders.

Hedge Funds Weigh In On XCF Global Capital

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. boosted its position in XCF Global Capital by 379.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 120,789 shares of the company’s stock valued at $33,000 after acquiring an additional 95,596 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of XCF Global Capital during the 4th quarter worth approximately $42,000. Deutsche Bank AG increased its stake in shares of XCF Global Capital by 315.7% in the 4th quarter. Deutsche Bank AG now owns 199,524 shares of the company’s stock valued at $54,000 after acquiring an additional 151,529 shares in the last quarter. State Street Corp lifted its position in shares of XCF Global Capital by 37.3% during the 4th quarter. State Street Corp now owns 256,448 shares of the company’s stock valued at $70,000 after acquiring an additional 69,698 shares during the period. Finally, Geode Capital Management LLC boosted its stake in XCF Global Capital by 20.5% during the fourth quarter. Geode Capital Management LLC now owns 1,174,455 shares of the company’s stock worth $321,000 after acquiring an additional 200,147 shares in the last quarter. Institutional investors and hedge funds own 52.34% of the company’s stock.

About XCF Global Capital

XCF Global Capital Inc is a player in decarbonizing the aviation industry through Sustainable Aviation Fuel. XCF Global Capital Inc, formerly known as Focus Impact BH3 Acquisition Company, is based in RENO, NV.