Quadrise (LON:QED) Trading Down 11.8% – Here’s What Happened

Quadrise Plc (LON:QEDGet Free Report) traded down 11.8% during trading on Tuesday . The company traded as low as GBX 1.62 and last traded at GBX 1.75. 5,270,139 shares changed hands during mid-day trading, an increase of 34% from the average session volume of 3,931,098 shares. The stock had previously closed at GBX 1.99.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Quadrise in a research report on Friday, June 12th.

View Our Latest Analysis on Quadrise

Quadrise Price Performance

The stock has a market capitalization of £32.30 million, a P/E ratio of -9.47 and a beta of 0.90. The stock’s fifty day moving average is GBX 2.53 and its 200-day moving average is GBX 2.42.

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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