Quadrise Fuels International PLC (LON:QFI) has been retained to Speculative Buy in a statement by Beaufort Securities earlier today.
- Updated: October 15, 2016
Beaufort Securities has retained Quadrise Fuels International PLC (LON:QFI) to Speculative Buy in a statement released on 10/13/2016.
Having a price of 10.50GBX, Quadrise Fuels International PLC (LON:QFI) traded 1.25% higher on the day. The last stock close price is down -13.42% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. QFI has recorded a 50-day average of 12.54GBX and a 200-day moving average of 12.42GBX. 3,167,124 shares of the stock were exchanged, up from an average trading volume of 1,218,560
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Quadrise Fuels International PLC has a with a one year low of 8.05GBX and a one year high of 22.90GBX QFI’s total market value is currently 0 GBX.
In addition to Beaufort Securities reporting its target price, a total of 1 broker has issued a report on the stock. The consensus target price is 45.00GBX with 1 broker rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Quadrise Fuels International PLC (LON:QFI)
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. The Company also engaged in enhanced heavy oil recovery, conversion of heavy oil, refinery upgrade projects, and manufacture and sale of MSAR to energy consumers. The Company's subsidiaries include Quadrise International Limited, Quadrise Limited, Quadrise KSA Limited, Quadrise Americas Limited, Quadrise Marine Limited and Quadrise Asia Limited.
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