Quadrise Fuels International (LON:QFI) Stock Price Down 7.9% – Here’s What Happened

Shares of Quadrise Fuels International plc (LON:QFI) fell 7.9% during trading on Wednesday . The company traded as low as GBX 1.45 ($0.02) and last traded at GBX 1.52 ($0.02). 5,713,728 shares traded hands during trading, an increase of 109% from the average session volume of 2,727,808 shares. The stock had previously closed at GBX 1.65 ($0.02).

Quadrise Fuels International Price Performance

The stock’s 50 day moving average is GBX 1.52 and its two-hundred day moving average is GBX 1.52. The company has a debt-to-equity ratio of 49.22, a quick ratio of 17.28 and a current ratio of 17.95. The stock has a market capitalization of £21.40 million, a PE ratio of -4.95 and a beta of 1.43.

About Quadrise Fuels International

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. The company 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.