Peel Hunt Reiterates “Under Review” Rating for Quadrise Fuels International (LON:QFI)
Peel Hunt reissued their under review rating on shares of Quadrise Fuels International (LON:QFI) in a report released on Monday, ThisIsMoney.Co.Uk reports.
Shares of QFI opened at GBX 3.86 ($0.05) on Monday. The stock has a market capitalization of $35.62 million and a P/E ratio of -12.87. The company’s fifty day moving average is GBX 5.56 and its two-hundred day moving average is GBX 4.14. Quadrise Fuels International has a 1 year low of GBX 2 ($0.03) and a 1 year high of GBX 8 ($0.10).
In other news, insider Michael Peter Kirk acquired 18,143 shares of the company’s stock in a transaction on Tuesday, July 9th. The shares were bought at an average cost of GBX 7 ($0.09) per share, with a total value of £1,270.01 ($1,659.49).
Quadrise Fuels International plc, together with its subsidiaries, manufactures and markets emulsion fuel for use in power generation, industrial and marine diesel engines, and steam generation applications in the United Kingdom. It produces oil-in-water emulsion-based asphalts and fuels through its Multiphase Superfine Atomised Residue technology as a substitute for conventional heavy fuel oil.
Featured Story: What is Elliott Wave theory?
Receive News & Ratings for Quadrise Fuels International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quadrise Fuels International and related companies with MarketBeat.com's FREE daily email newsletter.