Quadrise Plc (LON:QED – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 4.04 ($0.05) and traded as high as GBX 5 ($0.07). Quadrise shares last traded at GBX 4.81 ($0.06), with a volume of 2,170,593 shares.
Wall Street Analysts Forecast Growth
Separately, Shore Capital reiterated a “house stock” rating on shares of Quadrise in a research report on Thursday, May 1st.
Read Our Latest Stock Report on QED
Quadrise Stock Up 4.0 %
About Quadrise
Quadrise is a global innovator and licensor of the disruptive heavy oil and synthetic biofuel technology that produces its proprietary MSAR® and bioMSAR™ fuels. Quadrise employs a team of energy and fuel experts with extensive experience in commercial emulsion fuels, downstream, marine and power utility applications at a global level.
Quadrise’s shares have been listed on the London Stock Exchange’s AIM market since 2006 (AIM: QED).
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