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

Quadrise (LON:QED)‘s stock had its “house stock” rating reiterated by stock analysts at Shore Capital in a research report issued to clients and investors on Friday, Digital Look reports.

Quadrise Price Performance

Shares of QED stock opened at GBX 1.47 ($0.02) on Friday. The firm has a fifty day moving average of GBX 1.78 and a 200-day moving average of GBX 1.58. Quadrise has a 12-month low of GBX 0.66 ($0.01) and a 12-month high of GBX 3.50 ($0.04).

Quadrise Company Profile

Quadrise Plc, together with its subsidiaries, manufactures, markets, and sells emulsion fuels for use in power generation, industrial, marine diesel engines, and steam generation applications in the United Kingdom. The company produces oil-in-water emulsion-based fuels through its Multiphase Superfine Atomised Residue (MSAR) technology as a substitute for conventional heavy fuel oil; and oil-in-water emulsified synthetic biofuels through its bioMSAR technology as a substitute for biofuel.