Quadrise Fuels International (LON:QFI) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Quadrise Fuels International plc (LON:QFI)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1.52 ($0.02) and traded as high as GBX 1.65 ($0.02). Quadrise Fuels International shares last traded at GBX 1.52 ($0.02), with a volume of 5,713,728 shares trading hands.

Quadrise Fuels International Stock Down 7.9 %

The company has a debt-to-equity ratio of 49.22, a current ratio of 17.95 and a quick ratio of 17.28. The company has a market cap of £21.40 million, a PE ratio of -4.95 and a beta of 1.43. The business’s 50 day moving average is GBX 1.52 and its 200-day moving average is GBX 1.52.

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.