Quadrise Fuels International’s (QFI) “House Stock” Rating Reaffirmed at Shore Capital

Quadrise Fuels International (LON:QFIGet Rating)‘s stock had its “house stock” rating reiterated by analysts at Shore Capital in a research report issued on Wednesday, LSE.Co.UK reports.

Quadrise Fuels International Trading Up 2.8 %

QFI opened at GBX 1.30 ($0.02) on Wednesday. The company has a debt-to-equity ratio of 49.22, a quick ratio of 22.09 and a current ratio of 22.98. Quadrise Fuels International has a one year low of GBX 1.10 ($0.01) and a one year high of GBX 4.47 ($0.05). The company has a market cap of £18.29 million and a P/E ratio of -4.33. The business’s 50-day simple moving average is GBX 1.34 and its 200-day simple moving average is GBX 1.66.

Insiders Place Their Bets

In related news, insider Andy Morrison acquired 700,000 shares of Quadrise Fuels International stock in a transaction dated Monday, August 1st. The stock was acquired at an average price of GBX 1 ($0.01) per share, for a total transaction of £7,000 ($8,458.19).

About Quadrise Fuels International

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Quadrise Fuels International plc, together with its subsidiaries, manufactures, markets, and sells emulsion fuels for use in power generation plants, industrial and upstream oil applications, and marine diesel engines in the United Kingdom. It produces oil-in-water emulsion-based fuels through its Multiphase Superfine Atomised Residue (MSAR) technology as a substitute for conventional heavy fuel oil; and oil-in-water emulsified synthetic biofuels through its bioMSAR technology as a substitute for biofuel.

Further Reading

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