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

Quadrise Fuels International (LON:QFI)‘s stock had its “restricted” rating restated by research analysts at Peel Hunt in a report issued on Monday, ThisIsMoney.Co.Uk reports.

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Quadrise Fuels International in a research report on Monday, August 19th.

LON:QFI opened at GBX 4.56 ($0.06) on Monday. The company has a market capitalization of $40.97 million and a P/E ratio of -15.18. The business has a fifty day simple moving average of GBX 4.54 and a two-hundred day simple moving average of GBX 4.28. Quadrise Fuels International has a 1 year low of GBX 2 ($0.03) and a 1 year high of GBX 8 ($0.10).

In other news, insider Michael Peter Kirk acquired 18,143 shares of the stock in a transaction that occurred on Tuesday, July 9th. The shares were acquired at an average cost of GBX 7 ($0.09) per share, for a total transaction of £1,270.01 ($1,659.49).

About Quadrise Fuels International

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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