Quadrise (LON:QED) Trading 8.9% Higher – What’s Next?

Quadrise Plc (LON:QEDGet Free Report)’s share price was up 8.9% on Thursday . The stock traded as high as GBX 1.24 and last traded at GBX 1.17. 24,228,531 shares traded hands during trading, an increase of 481% from the average session volume of 4,168,282 shares. The stock had previously closed at GBX 1.07.

Analysts Set New Price Targets

Separately, Shore Capital Group restated a “house stock” rating on shares of Quadrise in a research report on Thursday, July 30th.

View Our Latest Stock Analysis on QED

Quadrise Price Performance

The stock has a market cap of £25.24 million, a PE ratio of -6.85 and a beta of 0.79. The stock’s fifty day moving average is GBX 1.01 and its 200-day moving average is GBX 1.82.

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).

Further Reading

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