Peel Hunt reiterated their under review rating on shares of Quadrise Fuels International (LON:QFI) in a research report report published on Monday, ThisIsMoney.Co.Uk reports.
Shares of LON:QFI opened at GBX 4 ($0.05) on Monday. The business’s 50-day moving average is GBX 5.20 and its 200 day moving average is GBX 4.14. The firm has a market capitalization of $36.91 million and a P/E ratio of -13.33. 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 purchased 18,143 shares of the company’s 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).
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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