Quadrise Fuels International plc (QFI.L) (LON:QFI) Stock Passes Above Two Hundred Day Moving Average of $2.21

Quadrise Fuels International plc (QFI.L) (LON:QFI)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.21 and traded as high as $2.29. Quadrise Fuels International plc (QFI.L) shares last traded at $2.23, with a volume of 2,573,674 shares traded.

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Quadrise Fuels International plc (QFI.L) in a research report on Friday, November 27th.

The stock has a market cap of £24.03 million and a price-to-earnings ratio of -4.46. The company has a quick ratio of 1.16, a current ratio of 1.23 and a debt-to-equity ratio of 50.76. The business has a 50-day moving average of GBX 1.95 and a 200-day moving average of GBX 2.21.

Quadrise Fuels International plc (QFI.L) (LON:QFI) last released its quarterly earnings data on Monday, October 5th. The company reported GBX (0.49) (($0.01)) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of GBX (0.30) ($0.00) by GBX (0.19) ($0.00). Equities analysts anticipate that Quadrise Fuels International plc will post -0.1 earnings per share for the current year.

About Quadrise Fuels International plc (QFI.L) (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 fuels through its Multiphase Superfine Atomised Residue technology as a substitute for conventional heavy fuel oil.

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