Peel Hunt Reiterates “Under Review” Rating for Quadrise Fuels International (LON:QFI)

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Peel Hunt restated their under review rating on shares of Quadrise Fuels International (LON:QFI) in a report published on Monday, ThisIsMoney.Co.Uk reports.

LON QFI opened at GBX 3.86 ($0.05) on Monday. Quadrise Fuels International has a 52 week low of GBX 2 ($0.03) and a 52 week high of GBX 8 ($0.10). The stock has a market capitalization of $35.62 million and a PE ratio of -12.87. The firm has a 50 day moving average of GBX 5.56 and a two-hundred day moving average of GBX 4.14.

In other news, insider Michael Peter Kirk purchased 18,143 shares of the stock in a transaction on Tuesday, July 9th. The stock was bought 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 Company Profile

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: Price to Earnings Ratio (PE)

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