Quadrise (LON:QED) Trading Up 11.1% – Still a Buy?

Quadrise Plc (LON:QED)’s stock price traded up 11.1% during mid-day trading on Wednesday . The company traded as high as GBX 2.10 and last traded at GBX 2.10. 229,536 shares were traded during mid-day trading, a decline of 94% from the average session volume of 3,996,336 shares. The stock had previously closed at GBX 1.89.

Quadrise Stock Performance

The company has a market capitalization of £42.13 million, a PE ratio of -12.35 and a beta of 0.90. The stock’s fifty day simple moving average is GBX 2.60 and its 200-day simple moving average is GBX 2.46.

Quadrise Company Profile

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).