Shore Capital Group Reaffirms House Stock Rating for Quadrise (LON:QED)

Quadrise (LON:QED)‘s stock had its “house stock” rating reissued by stock analysts at Shore Capital Group in a research note issued to investors on Thursday,Digital Look reports.

Quadrise Trading Down 1.5%

LON QED opened at GBX 1 on Thursday. The company has a 50-day moving average price of GBX 1.63 and a two-hundred day moving average price of GBX 2.12. Quadrise has a 52 week low of GBX 0.91 and a 52 week high of GBX 5. The stock has a market cap of £20.06 million, a price-to-earnings ratio of -5.88 and a beta of 0.87.

About Quadrise

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).