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

Shore Capital reaffirmed their house stock rating on shares of Quadrise (LON:QED) in a research note published on Tuesday morning, MarketBeat Ratings reports.

Quadrise Trading Up 7.6%

Quadrise stock opened at GBX 4.09 on Tuesday. The company has a market capitalization of £82.05 million, a price-to-earnings ratio of -2,405.88 and a beta of 1.83. Quadrise has a 12 month low of GBX 1.30 and a 12 month high of GBX 8. The stock’s 50 day moving average is GBX 3.48 and its 200-day moving average is GBX 3.97.

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

Insider Transactions at Quadrise

In other Quadrise news, insider Jason Miles sold 1,013,049 shares of the business’s stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of GBX 4, for a total value of £40,521.96. 4.60% of the stock is owned by corporate insiders.

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).