Quadrise Fuels International (LON:QFI) Share Price Crosses Below Two Hundred Day Moving Average of $1.68

Shares of Quadrise Fuels International plc (LON:QFI – Get Rating) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1.68 ($0.02) and traded as low as GBX 1.52 ($0.02). Quadrise Fuels International shares last traded at GBX 1.56 ($0.02), with a volume of 637,608 shares traded.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “house stock” rating on shares of Quadrise Fuels International in a research report on Friday, November 25th.

Quadrise Fuels International Trading Up 4.4 %

The business has a 50 day moving average of GBX 1.89 and a two-hundred day moving average of GBX 1.68. The company has a debt-to-equity ratio of 49.22, a quick ratio of 17.28 and a current ratio of 17.95. The firm has a market capitalization of £21.81 million and a price-to-earnings ratio of -5.17.

About Quadrise Fuels International

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Quadrise Fuels International plc, together with its subsidiaries, manufactures, markets, and sells emulsion fuels for use in power generation plants, industrial and upstream oil applications, and marine diesel engines in the United Kingdom. The company produces oil-in-water emulsion-based fuels through its Multiphase Superfine Atomised Residue (MSAR) technology as a substitute for conventional heavy fuel oil; and oil-in-water emulsified synthetic biofuels through its bioMSAR technology as a substitute for biofuel.