Quadrise (LON:QED) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Quadrise Plc (LON:QEDGet Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 2.16 and traded as low as GBX 1.02. Quadrise shares last traded at GBX 1.02, with a volume of 2,184,495 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reissued a “house stock” rating on shares of Quadrise in a research note on Wednesday, July 8th.

Read Our Latest Stock Report on Quadrise

Quadrise Price Performance

The stock has a market capitalization of £20.46 million, a price-to-earnings ratio of -6.00 and a beta of 0.87. The stock’s 50 day simple moving average is GBX 1.76 and its 200-day simple moving average is GBX 2.16.

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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