XCF Global Capital (NASDAQ:SAFX) Releases Quarterly Earnings Results

XCF Global Capital (NASDAQ:SAFX) announced its quarterly earnings results on Tuesday. The company reported ($0.17) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $4.69 million during the quarter.

XCF Global Capital Price Performance

SAFX traded down $0.02 on Tuesday, hitting $0.36. The company had a trading volume of 7,116,990 shares, compared to its average volume of 30,626,400. The business has a fifty day simple moving average of $0.25. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.11 and a quick ratio of 0.09. The firm has a market cap of $75.62 million, a price-to-earnings ratio of -0.60 and a beta of -0.13. XCF Global Capital has a 52-week low of $0.12 and a 52-week high of $45.90.

Insider Buying and Selling at XCF Global Capital

In related news, major shareholder Randy Soule sold 1,000,000 shares of XCF Global Capital stock in a transaction that occurred on Tuesday, January 13th. The stock was sold at an average price of $0.16, for a total transaction of $160,000.00. Following the sale, the insider directly owned 76,628,648 shares in the company, valued at $12,260,583.68. The trade was a 1.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.12% of the company’s stock.

Institutional Trading of XCF Global Capital

Several institutional investors have recently bought and sold shares of SAFX. Polar Asset Management Partners Inc. increased its position in XCF Global Capital by 51.0% during the fourth quarter. Polar Asset Management Partners Inc. now owns 2,131,109 shares of the company’s stock valued at $582,000 after acquiring an additional 720,000 shares during the last quarter. J. Derek Lewis & Associates Inc. bought a new stake in shares of XCF Global Capital during the 4th quarter valued at about $64,000. Geode Capital Management LLC grew its stake in shares of XCF Global Capital by 20.5% during the 4th quarter. Geode Capital Management LLC now owns 1,174,455 shares of the company’s stock valued at $321,000 after purchasing an additional 200,147 shares during the period. Jane Street Group LLC purchased a new stake in shares of XCF Global Capital during the 4th quarter valued at about $42,000. Finally, Deutsche Bank AG lifted 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 worth $54,000 after purchasing an additional 151,529 shares during the period. 52.34% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Zacks Research upgraded XCF Global Capital to a “hold” rating in a report on Thursday, March 19th. Weiss Ratings assumed coverage on XCF Global Capital in a report on Wednesday, January 14th. They set a “sell (d-)” rating for the company. Finally, Roth Mkm assumed coverage on shares of XCF Global Capital in a report on Wednesday, March 18th. They issued a “neutral” rating and a $0.40 price target on the stock. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $0.40.

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.