Quadrise (LON:QED) Trading Up 11.1% – What’s Next?

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

Quadrise Stock Performance

The firm’s 50-day moving average is GBX 2.59 and its 200 day moving average is GBX 2.45. The firm has a market capitalization of £36.11 million, a PE ratio of -10.59 and a beta of 0.90.

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).