Quadrise Plc (LON:QED – Get Free Report)’s share price crossed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of GBX 1.02 and traded as high as GBX 1.15. Quadrise shares last traded at GBX 1.14, with a volume of 7,187,342 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Shore Capital Group reissued a “house stock” rating on shares of Quadrise in a research note on Thursday, July 30th.
View Our Latest Analysis on QED
Quadrise Trading Up 40.3%
The company’s fifty day moving average price is GBX 1.04 and its two-hundred day moving average price is GBX 1.75. The firm has a market cap of £32.82 million, a P/E ratio of -8.91 and a beta of 0.72.
Quadrise (LON:QED – Get Free Report) last announced its earnings results on Monday, October 26th. The company reported GBX (0.21) earnings per share (EPS) for the quarter. Quadrise had a negative return on equity of 61.19% and a negative net margin of 4,695.51%.
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).
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