Quadrise (LON:QED) Trading Up 11.7% – Time to Buy?

Quadrise Plc (LON:QEDGet Free Report)’s stock price shot up 11.7% during mid-day trading on Wednesday . The company traded as high as GBX 2.70 and last traded at GBX 2.48. 8,703,559 shares traded hands during mid-day trading, an increase of 94% from the average session volume of 4,475,629 shares. The stock had previously closed at GBX 2.22.

Analyst Ratings Changes

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

Get Our Latest Report on QED

Quadrise Stock Performance

The business’s 50-day moving average price is GBX 2.05 and its 200-day moving average price is GBX 2.73. The stock has a market cap of £51.16 million, a PE ratio of -15.00 and a beta of 1.09.

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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