Quadrise (LON:QED) Trading 7.7% Higher – Should You Buy?

Shares of Quadrise Plc (LON:QEDGet Free Report) were up 7.7% during trading on Tuesday . The stock traded as high as GBX 4.90 ($0.06) and last traded at GBX 4.64 ($0.06). Approximately 3,342,692 shares changed hands during mid-day trading, a decline of 70% from the average daily volume of 11,015,618 shares. The stock had previously closed at GBX 4.31 ($0.06).

Analyst Ratings Changes

Separately, Shore Capital reissued a “house stock” rating on shares of Quadrise in a report on Monday, March 24th.

Get Our Latest Stock Analysis on Quadrise

Quadrise Stock Up 7.7 %

The stock has a market cap of £90.79 million, a price-to-earnings ratio of -25.63 and a beta of 1.83. The company’s 50-day moving average is GBX 4.06 and its 200-day moving average is GBX 3.50.

About Quadrise

(Get Free Report)

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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