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Quadrise Fuels International Plc 298.6% 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 a target price of 45 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 298.6% from the opening price of 11.29 GBX. Over the last 30 and 90 trading days the company share price has decreased 4.71 points and decreased 6.46 points respectively.

 

Quadrise Fuels International Plc LON:QFI has a 50 day moving average of 15.35 GBX and the 200 Day Moving Average price is recorded at 14.00 GBX. The 1 year high stock price is 23.51 GBX while the 52 week low is 8.87 GBX. There are currently 20,337,510 shares in issue with the average daily volume traded being 598,441. Market capitalisation for LON:QFI is £89,380,806 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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