Quadrise Fuels International Plc Rating Reiterated by Westhouse Securities (QFI)
Quadrise Fuels International Plc (LON:QFI)‘s stock had its “buy” rating reiterated by equities research analysts at Westhouse Securities in a research note issued to investors on Monday, StockRatingsNetwork.com reports. They currently have a GBX 15 ($0.24) price objective on the stock. Westhouse Securities’ price target indicates a potential downside of 37.76% from the stock’s previous close.
Shares of Quadrise Fuels International Plc (LON:QFI) opened at 24.368 on Monday. Quadrise Fuels International Plc has a 1-year low of GBX 7.30 and a 1-year high of GBX 16.175. The stock’s 50-day moving average is GBX 13.6 and its 200-day moving average is GBX 12.84.
Quadrise Fuels International plc (LON:QFI) is engaged in to produce an oil-in-water emulsion fuel MSAR as a low cost substitute for conventional heavy fuel oil (HFO) for use in power generation plants and industrial and marine diesel engines.
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