Quadrise (LON:QED) Trading 6.8% Higher – Should You Buy?

Quadrise Plc (LON:QEDGet Free Report) rose 6.8% on Tuesday . The stock traded as high as GBX 6.38 ($0.08) and last traded at GBX 6.09 ($0.08). Approximately 16,429,473 shares traded hands during trading, a decline of 8% from the average daily volume of 17,777,559 shares. The stock had previously closed at GBX 5.70 ($0.07).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “house stock” rating on shares of Quadrise in a research report on Friday, December 6th.

View Our Latest Research Report on Quadrise

Quadrise Trading Up 5.7 %

The business’s 50 day simple moving average is GBX 3.76 and its 200 day simple moving average is GBX 2.46.

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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