Michael Peter Kirk Acquires 18,143 Shares of Quadrise Fuels International Plc (LON:QFI) Stock

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

Shares of LON QFI opened at GBX 7.15 ($0.09) on Friday. The firm’s fifty day moving average price is GBX 5.32. The company has a market cap of $65.97 million and a price-to-earnings ratio of -23.83. Quadrise Fuels International Plc has a twelve month low of GBX 2 ($0.03) and a twelve month high of GBX 8 ($0.10).

QFI has been the subject of a number of research analyst reports. Peel Hunt reaffirmed an “add” rating on shares of Amerisur Resources in a research report on Tuesday, June 11th. Stockdale Securities reaffirmed a “buy” rating on shares of Quadrise Fuels International in a research report on Friday, March 29th.

About Quadrise Fuels International

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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