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. It 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. The company is based in London, the United Kingdom.
Quadrise Fuels International Stock Down 2.9 %
Quadrise Fuels International stock traded down GBX 0.04 ($0.00) during midday trading on Tuesday, hitting GBX 1.36 ($0.02). 790,016 shares of the stock were exchanged, compared to its average volume of 4,255,176. Quadrise Fuels International has a 1 year low of GBX 1.21 ($0.01) and a 1 year high of GBX 5 ($0.06). The firm has a market cap of £19.06 million and a P/E ratio of -4.65. The company has a debt-to-equity ratio of 49.22, a current ratio of 22.98 and a quick ratio of 22.09. The company has a 50 day moving average price of GBX 1.53 and a two-hundred day moving average price of GBX 1.76.
Wall Street Analyst Weigh In
Separately, Shore Capital reaffirmed a "house stock" rating on shares of Quadrise Fuels International in a research note on Wednesday, July 27th.
Insiders Place Their Bets
In related news, insider Andy Morrison acquired 700,000 shares of the firm's stock in a transaction on Monday, August 1st. The stock was bought at an average cost of GBX 1 ($0.01) per share, with a total value of £7,000 ($8,458.19).