Quadrise Fuels International (LON:QFI) Stock Crosses Below 200 Day Moving Average of $4.40

Quadrise Fuels International Plc (LON:QFI) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4.40 and traded as low as $3.70. Quadrise Fuels International shares last traded at $3.96, with a volume of 2,405,843 shares trading hands.

QFI has been the topic of several research reports. Peel Hunt restated an “under review” rating on shares of Quadrise Fuels International in a research report on Tuesday, October 8th. Shore Capital restated a “house stock” rating on shares of Quadrise Fuels International in a research report on Tuesday, October 8th.

The company has a market capitalization of $37.12 million and a P/E ratio of -13.18. The company has a 50-day moving average of GBX 4.24 and a two-hundred day moving average of GBX 4.40.

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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