Quadrise (LON:QED) Stock Price Up 11.6% – Here’s What Happened

Quadrise Plc (LON:QEDGet Free Report) shares rose 11.6% on Monday . The stock traded as high as GBX 3 and last traded at GBX 2.78. Approximately 1,532,074 shares traded hands during trading, a decline of 65% from the average daily volume of 4,418,342 shares. The stock had previously closed at GBX 2.49.

Analyst Ratings Changes

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Quadrise in a research report on Monday, January 12th.

Check Out Our Latest Stock Report on Quadrise

Quadrise Stock Up 11.6%

The firm has a market cap of £55.77 million, a P/E ratio of -16.35 and a beta of 1.00. The business has a fifty day simple moving average of GBX 2.46 and a 200-day simple moving average of GBX 2.56.

Quadrise Company Profile

(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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