Quadrise Fuels International (LON:QFI) Shares Down 7.9% – Here’s Why

by · The Markets Daily

Quadrise Fuels International plc (LON:QFI – Get Free Report) shares traded down 7.9% during mid-day trading on Wednesday . The stock traded as low as GBX 1.45 ($0.02) and last traded at GBX 1.52 ($0.02). 5,713,728 shares traded hands during trading, an increase of 109% from the average session volume of 2,727,808 shares. The stock had previously closed at GBX 1.65 ($0.02).

Quadrise Fuels International Trading Down 7.9 %

The company has a debt-to-equity ratio of 49.22, a current ratio of 17.95 and a quick ratio of 17.28. The business’s fifty day simple moving average is GBX 1.52 and its 200 day simple moving average is GBX 1.52. The stock has a market cap of £21.40 million, a price-to-earnings ratio of -4.95 and a beta of 1.43.

About Quadrise Fuels International

(Get Free Report)

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.

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