Quadrise (LON:QED) Trading Up 11.9% – Here’s Why

Quadrise Plc (LON:QEDGet Free Report)’s share price was up 11.9% during mid-day trading on Tuesday . The company traded as high as GBX 4.81 ($0.07) and last traded at GBX 4.60 ($0.06). Approximately 192,815 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 7,599,860 shares. The stock had previously closed at GBX 4.11 ($0.06).

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Quadrise in a research note on Thursday, May 1st.

View Our Latest Stock Report on QED

Quadrise Stock Performance

The company has a market cap of £85.92 million, a PE ratio of -24.26 and a beta of 1.83. The stock’s 50 day moving average price is GBX 4.45 and its 200-day moving average price is GBX 4.57.

About Quadrise

(Get Free Report)

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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