Quadrise (LON:QED) Stock Price Down 16.1% – Here’s Why

Quadrise Plc (LON:QEDGet Free Report) shares traded down 16.1% on Monday . The stock traded as low as GBX 2.65 and last traded at GBX 2.65. 3,954,470 shares traded hands during mid-day trading, a decline of 26% from the average session volume of 5,329,486 shares. The stock had previously closed at GBX 3.16.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “house stock” rating on shares of Quadrise in a research note on Friday, November 28th.

Check Out Our Latest Analysis on QED

Quadrise Trading Down 13.0%

The firm has a 50-day moving average of GBX 3 and a two-hundred day moving average of GBX 3.46. The firm has a market cap of £55.13 million, a price-to-earnings ratio of -16.16 and a beta of 1.83.

Quadrise (LON:QEDGet Free Report) last released its earnings results on Monday, September 29th. The company reported GBX (0.17) earnings per share (EPS) for the quarter.

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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