Quadrise Plc (LON:QED – Get Free Report) shares were up 13.8% during mid-day trading on Wednesday. The company traded as high as GBX 1.04 and last traded at GBX 1.04. 864,579 shares changed hands during trading, a decline of 79% from the average session volume of 4,116,440 shares. The stock had previously closed at GBX 0.92.
Wall Street Analysts Forecast Growth
Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Quadrise in a report on Thursday, July 30th.
Get Our Latest Stock Report on Quadrise
Quadrise Trading Up 13.8%
The stock has a market cap of £22.64 million, a price-to-earnings ratio of -6.15 and a beta of 0.72. The firm’s 50 day moving average is GBX 1.03 and its two-hundred day moving average is GBX 1.65.
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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