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Quadrise Fuels International ( (GB:QED) ) has issued an update.
Quadrise Fuels International announced the successful completion of testing for their MSAR® and bioMSAR™ fuels at the Sparkle Power plant in Panama. The trials demonstrated improved engine efficiency and significant reductions in NOx and particulate emissions, validating the commercial viability of these fuels for use in energy-intensive sectors. The results pave the way for further commercial supply arrangements and fuel permitting in Panama, marking a significant milestone in Quadrise’s efforts to expand its market presence in Central America.
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 specializing in the development and supply of MSAR® and bioMSAR™ emulsion fuels, which aim to reduce energy costs and emissions for industries such as power generation, shipping, and oil. The company focuses on providing innovative decarbonization solutions for heavy industries and the global power sector.
Average Trading Volume: 3,027,383
Technical Sentiment Signal: Hold
Current Market Cap: £64.6M
For an in-depth examination of QED stock, go to TipRanks’ Overview page.