XCF Global Capital (NASDAQ:SAFX) Stock Rating Upgraded by Wall Street Zen
by Kim Johansen · The Markets DailyXCF Global Capital (NASDAQ:SAFX – Get Free Report) was upgraded by analysts at Wall Street Zen to a “hold” rating in a report issued on Saturday, Wall Street Zen reports.
Several other research analysts have also commented on the company. HC Wainwright initiated coverage on XCF Global Capital in a research report on Tuesday, June 23rd. They set a “buy” rating and a $1.00 price target for the company. Weiss Ratings downgraded XCF Global Capital from a “sell (d+)” rating to a “sell (d-)” rating in a research report on Monday, August 24th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $0.70.
Check Out Our Latest Research Report on XCF Global Capital
XCF Global Capital Stock Performance
SAFX opened at $0.37 on Friday. The stock has a market capitalization of $153.28 million, a PE ratio of -1.96 and a beta of -0.30. XCF Global Capital has a one year low of $0.12 and a one year high of $1.44. The business’s 50 day moving average price is $0.40 and its 200 day moving average price is $0.43.
XCF Global Capital (NASDAQ:SAFX – Get Free Report) last posted its earnings results on Monday, August 17th. The company reported ($0.04) EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.01. XCF Global Capital had a negative return on equity of 230.36% and a negative net margin of 397.43%.The company had revenue of $0.69 million for the quarter. As a group, equities research analysts forecast that XCF Global Capital will post -0.16 earnings per share for the current fiscal year.
Institutional Trading of XCF Global Capital
A hedge fund recently bought a new stake in XCF Global Capital stock. J. Derek Lewis & Associates Inc. bought a new position in shares of XCF Global Capital, Inc. (NASDAQ:SAFX – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 234,940 shares of the company’s stock, valued at approximately $64,000. J. Derek Lewis & Associates Inc. owned approximately 0.11% of XCF Global Capital at the end of the most recent reporting period. Institutional investors own 52.34% of the company’s stock.
XCF Global Capital Company Profile
XCF Global Capital, Inc (NASDAQ: SAFX) is a company focused on developing and producing sustainable aviation fuel (SAF). Its business centers on technologies designed to convert captured carbon dioxide and renewable hydrogen into synthetic fuel intended for use in aviation.
The company’s activities include the development, commercialization and potential scaling of fuel-production facilities and related processes. Its products are aimed at helping airlines and other aviation-industry participants reduce reliance on conventional petroleum-based jet fuel and lower the carbon intensity of air travel.
XCF Global Capital operates in the emerging clean-energy and alternative-fuels sector.