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

Quadrise (LON:QED)‘s stock had its “house stock” rating restated by analysts at Shore Capital in a research note issued to investors on Friday, Marketbeat Ratings reports.

Quadrise Trading Down 10.0%

LON QED traded down GBX 0.30 during mid-day trading on Friday, hitting GBX 2.70. The company’s stock had a trading volume of 17,299,371 shares, compared to its average volume of 5,546,803. The firm has a market capitalization of £54.17 million, a price-to-earnings ratio of -15.88 and a beta of 1.83. The company’s 50 day simple moving average is GBX 3.33 and its 200 day simple moving average is GBX 3.66. Quadrise has a twelve month low of GBX 2.34 and a twelve month high of GBX 8.

Quadrise (LON:QED) last released its quarterly earnings data on Monday, September 29th. The company reported GBX (0.17) earnings per share for the quarter.

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).