Quadrise Fuels International (LON:QFI) Shares Cross Above Two Hundred Day Moving Average of $0.00

Quadrise Fuels International Plc (LON:QFI) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $7.06. Quadrise Fuels International shares last traded at $6.69, with a volume of 1,086,829 shares trading hands.

QFI has been the topic of a number of research reports. Stockdale Securities restated a “buy” rating on shares of Quadrise Fuels International in a research report on Friday, March 29th. Peel Hunt restated an “add” rating on shares of Amerisur Resources in a research report on Tuesday, June 11th.

The business’s 50-day moving average price is GBX 5.73. The stock has a market cap of $62.28 million and a price-to-earnings ratio of -22.50.

In other news, insider Michael Peter Kirk purchased 18,143 shares of the stock in a transaction on Tuesday, July 9th. The shares were acquired at an average price of GBX 7 ($0.09) per share, for a total transaction of £1,270.01 ($1,659.49).

About Quadrise Fuels International (LON:QFI)

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.

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