Quadrise Fuels International Plc (LON:QFI) Insider Buys £1,270.01 in Stock

Quadrise Fuels International Plc (LON:QFI) insider Michael Peter Kirk bought 18,143 shares of the stock in a transaction dated Tuesday, July 9th. The stock was purchased at an average price of GBX 7 ($0.09) per share, with a total value of £1,270.01 ($1,659.49).

Shares of QFI stock opened at GBX 7.05 ($0.09) on Friday. The firm has a 50-day moving average price of GBX 5.39. The stock has a market capitalization of $65.05 million and a P/E ratio of -23.50. Quadrise Fuels International Plc has a one year low of GBX 2 ($0.03) and a one year high of GBX 8 ($0.10).

Several brokerages have recently commented on QFI. Stockdale Securities reiterated a “buy” rating on shares of Quadrise Fuels International in a report on Friday, March 29th. Peel Hunt reiterated an “add” rating on shares of Amerisur Resources in a report on Tuesday, June 11th.

Quadrise Fuels International Company Profile

Quadrise Fuels International plc, together with its subsidiaries, manufactures and markets emulsion fuel for use in power generation, industrial and marine diesel engines, and steam generation applications in the United Kingdom. It produces oil-in-water emulsion-based asphalts and fuels through its Multiphase Superfine Atomised Residue technology as a substitute for conventional heavy fuel oil.

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