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Quadrise Fuels International Plc 118.7% Potential Upside Indicated by Peel Hunt

Quadrise Fuels International Plc with EPIC/TICKER LON:QFI had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Peel Hunt. Quadrise Fuels International Plc are listed in the Oil & Gas sector within AIM. Peel Hunt have set a target price of 30 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 118.7% from the opening price of 13.72 GBX. Over the last 30 and 90 trading days the company share price has increased 3.7401 points and decreased 0.529999999999999 points respectively.

 

Quadrise Fuels International Plc LON:QFI has a 50 day moving average of 11.57 GBX and a 200 day moving average of 13.22 GBX. The 1 year high for the share price is 23.51 GBX while the 52 week low is 8.05 GBX. There are currently 809,585,000 shares in issue with the average daily volume traded being 1,369,110. Market capitalisation for LON:QFI is £110,811,947 GBP.

 

Quadrise Fuels International Plc (QFI) is a United Kingdom-based oil-in-water emulsion fuels company. The Company is engaged in developing markets for its emulsion fuel (MSAR) as a substitute for heavy fuel oil (HFO) for use in power generation plants, and industrial and marine diesel engines. The Company operates business through two segments, which include emulsion fuel and non-managed interests.

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