Quadrise (LON:QED) Share Price Passes Above 200-Day Moving Average – Here’s What Happened

Quadrise Plc (LON:QEDGet Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2.57 and traded as high as GBX 2.70. Quadrise shares last traded at GBX 2.52, with a volume of 2,238,519 shares traded.

Analyst Upgrades and Downgrades

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

Read Our Latest Research Report on Quadrise

Quadrise Stock Performance

The stock has a market cap of £49.95 million, a PE ratio of -14.65 and a beta of 1.00. The business has a 50-day moving average of GBX 2.43 and a 200 day moving average of GBX 2.57.

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).

See Also

Receive News & Ratings for Quadrise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quadrise and related companies with MarketBeat.com's FREE daily email newsletter.