Quadrise Fuels International (LON:QFI) Stock Price Passes Below 200 Day Moving Average of $4.50

Quadrise Fuels International Plc (LON:QFI) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.50 and traded as low as $3.22. Quadrise Fuels International shares last traded at $3.22, with a volume of 373,854 shares.

A number of equities analysts have weighed in on the stock. Shore Capital reaffirmed a “house stock” rating on shares of Quadrise Fuels International in a research note on Friday, November 29th. Peel Hunt reiterated an “under review” rating on shares of Quadrise Fuels International in a report on Tuesday, October 8th.

The company has a market cap of $32.04 million and a P/E ratio of -10.73. The stock has a 50-day moving average of GBX 3.85 and a two-hundred day moving average of GBX 4.50.

Quadrise Fuels International Company Profile (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.

See Also: What are economic reports?

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.