Quadrise (LON:QED) Trading Down 11.7% – What’s Next?

Shares of Quadrise Plc (LON:QED – Get Free Report) were down 11.7% on Tuesday . The stock traded as low as GBX 1.89 and last traded at GBX 1.89. Approximately 2,753,765 shares were traded during mid-day trading, a decline of 32% from the average daily volume of 4,031,213 shares. The stock had previously closed at GBX 2.14.

Quadrise Trading Down 9.5%

The company has a 50-day moving average price of GBX 2.60 and a two-hundred day moving average price of GBX 2.46. The stock has a market capitalization of £38.12 million, a P/E ratio of -11.18 and a beta of 0.90.

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About Quadrise

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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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