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Quadrise Fuels International Plc 260% Potential Upside Indicated by Peel Hunt

Quadrise Fuels International Plc using EPIC/TICKER code LON:QFI has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Peel Hunt. Quadrise Fuels International Plc are listed in the Oil & Gas sector within AIM. Peel Hunt have set their target price at 45 GBX on its stock. This would imply the analyst believes there is now a potential upside of 260% from today’s opening price of 12.5 GBX. Over the last 30 and 90 trading days the company share price has increased 1.5 points and decreased 2.5 points respectively.

 

Quadrise Fuels International Plc LON:QFI has a 50 day moving average of 12.02 GBX and a 200 Day Moving Average share price is recorded at 13.94 GBX. The 1 year high share price is 23.51 GBX while the year low stock price is currently 8.87 GBX. There are currently 94,404,045 shares in issue with the average daily volume traded being 832,528. Market capitalisation for LON:QFI is £98,111,958 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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