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Quadrise Fuels International ( (GB:QED) ) has issued an update.
Quadrise Fuels International has signed an addendum to its Site License and Supply Agreement with Valkor Technologies in Utah, USA. The agreement re-phases a $1 million payment due to Quadrise and adjusts the delivery schedule of Multifuel Manufacturing Units to align with Valkor’s updated oil production plans. This collaboration aims to utilize Quadrise’s technology to produce low-sulfur fuels and biofuels, enhancing Valkor’s market reach for heavy sweet oils.
Spark’s Take on GB:QED Stock
According to Spark, TipRanks’ AI Analyst, GB:QED is a Neutral.
Quadrise Fuels International’s overall score is impacted by weak financial performance and challenging valuation, but is somewhat balanced by positive technical indicators and strategic corporate events. The company’s focus on partnerships and innovation in sustainable fuels could drive future growth, but current financial weaknesses and lack of revenue generation pose significant risks.
To see Spark’s full report on GB:QED stock, click here.
More about Quadrise Fuels International
Quadrise is a technology company that supplies MSAR® and bioMSAR™ emulsion technology, fuels, and biofuels. Their innovative solutions aim to reduce energy costs, pollution, and greenhouse gas emissions for the global power generation, shipping, industrial, and oil industries.
Average Trading Volume: 3,611,248
Technical Sentiment Signal: Buy
Current Market Cap: £82.75M
See more data about QED stock on TipRanks’ Stock Analysis page.