Quadrise Fuels International (LON:QFI) Stock Passes Above 200 Day Moving Average of $1.94

Quadrise Fuels International Plc (LON:QFI)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.94 and traded as high as $2.74. Quadrise Fuels International shares last traded at $2.73, with a volume of 3,102,718 shares.

Separately, Shore Capital reissued a “house stock” rating on shares of Quadrise Fuels International in a report on Monday, September 7th.

The company has a current ratio of 1.78, a quick ratio of 1.71 and a debt-to-equity ratio of 34.33. The firm has a market capitalization of $28.72 million and a P/E ratio of -5.45. The company has a 50 day simple moving average of GBX 2.49 and a two-hundred day simple moving average of GBX 1.94.

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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