Uni-Fuels (NASDAQ:UFG) Releases Quarterly Earnings Results

Uni-Fuels (NASDAQ:UFG) posted its quarterly earnings results on Tuesday. The company reported $999.00 EPS for the quarter, Zacks reports.

Uni-Fuels Price Performance

Uni-Fuels stock opened at $0.73 on Thursday. The firm has a 50-day moving average price of $0.85 and a two-hundred day moving average price of $0.96. Uni-Fuels has a 52-week low of $0.60 and a 52-week high of $11.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of UFG. Quadrature Capital Ltd acquired a new position in Uni-Fuels during the 3rd quarter valued at about $1,384,000. XTX Topco Ltd acquired a new position in Uni-Fuels during the 3rd quarter valued at about $566,000. JPMorgan Chase & Co. acquired a new position in Uni-Fuels during the 3rd quarter valued at about $399,000. BNP Paribas Financial Markets acquired a new position in Uni-Fuels during the 3rd quarter valued at about $183,000. Finally, Squarepoint Ops LLC acquired a new position in Uni-Fuels during the 3rd quarter valued at about $107,000.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Wall Street Zen raised shares of Uni-Fuels from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Uni-Fuels in a report on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

About Uni-Fuels

Uni-Fuels, Inc (NASDAQ: UFG) is an independent developer and marketer of renewable transportation fuels, specializing in biodiesel and renewable diesel. The company sources feedstocks such as soybean oil, used cooking oils and animal fats, converting them through tolling arrangements into fuels that meet ASTM specifications for use in on-road and off-road diesel engines. Uni-Fuels focuses on integrating supply, production and logistics to deliver low-carbon intensity fuels that comply with U.S.