Jason Miles Sells 1,013,049 Shares of Quadrise Plc (LON:QED) Stock

Key Points

• Insider Jason Miles sold a total of 1,013,049 shares of Quadrise Plc at an average price of GBX 4 ($0.05), raising approximately £40,522 ($54,737).
• Quadrise shares have shown a fifty-two week range between GBX 1.30 ($0.02) and GBX 8 ($0.11), with a current market cap of £68.83 million.
• Shore Capital has reiterated a "house stock" rating on Quadrise shares, indicating ongoing confidence in the company.

Quadrise Plc (LON:QED - Get Free Report) insider Jason Miles sold 1,013,049 shares of the stock in a transaction dated Thursday, July 24th. The stock was sold at an average price of GBX 4 ($0.05), for a total value of £40,521.96 ($54,737.21).

Jason Miles also recently made the following trade(s):

• On Friday, July 11th, Jason Miles sold 2,702,839 shares of Quadrise stock. The stock was sold at an average price of GBX 4 ($0.05), for a total value of £108,113.56 ($146,040.20).

Quadrise Price Performance

Shares of LON QED opened at GBX 3.52 ($0.05) on Friday. The stock has a market capitalization of £68.83 million, a price-to-earnings ratio of -19.43 and a beta of 1.83. The business has a 50-day moving average of GBX 4.15 and a 200-day moving average of GBX 4.33. Quadrise Plc has a fifty-two week low of GBX 1.30 ($0.02) and a fifty-two week high of GBX 8 ($0.11).

Analysts Set New Price Targets

Separately, Shore Capital reiterated a "house stock" rating on shares of Quadrise in a report on Thursday, May 1st.

About Quadrise

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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