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

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

Uni-Fuels Stock Up 37.7%

Uni-Fuels stock opened at $0.99 on Tuesday. The stock’s 50 day moving average is $0.86 and its 200 day moving average is $0.97. Uni-Fuels has a one year low of $0.60 and a one year high of $11.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of UFG. XTX Topco Ltd acquired a new stake in shares of Uni-Fuels during the third quarter worth $566,000. Citadel Advisors LLC bought a new position in shares of Uni-Fuels during the third quarter valued at about $106,000. Squarepoint Ops LLC purchased a new position in Uni-Fuels during the third quarter worth about $107,000. Quadrature Capital Ltd bought a new stake in Uni-Fuels during the third quarter worth $1,384,000. Finally, BNP Paribas Financial Markets bought a new stake in shares of Uni-Fuels in the 3rd quarter worth approximately $183,000.

Analyst Upgrades and Downgrades

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

Uni-Fuels Company Profile

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.