Quadrise (LON:QED) Given "House Stock" Rating at Shore Capital

Key Points

• Quadrise's stock received a reiterated "house stock" rating from Shore Capital, suggesting continued confidence in the company's performance.
• The company's shares opened at GBX 3.65, with a yearly range between GBX 1.30 and GBX 8, and it has a market capitalization of £73.22 million.
• Insider Jason Miles sold over 1 million shares at an average price of GBX 4, indicating ongoing insider activity and potential liquidity in the market.

Quadrise (LON:QED - Get Free Report)'s stock had its "house stock" rating reiterated by stock analysts at Shore Capital in a report issued on Tuesday,Digital Look reports.

Quadrise Price Performance

Shares of Quadrise stock opened at GBX 3.65 on Tuesday. The company's fifty day simple moving average is GBX 3.46 and its 200-day simple moving average is GBX 3.97. The stock has a market capitalization of £73.22 million, a PE ratio of -2,147.06 and a beta of 1.83. Quadrise has a 1-year low of GBX 1.30 and a 1-year high of GBX 8.

Quadrise (LON:QED - Get Free Report) last issued its quarterly earnings results on Monday, September 29th. The company reported GBX (0.17) earnings per share for the quarter.

Insider Activity at Quadrise

In other news, insider Jason Miles sold 1,013,049 shares of the firm's stock in a transaction on Thursday, July 24th. The shares were sold at an average price of GBX 4, for a total transaction of £40,521.96. 4.60% of the stock is owned by insiders.

Quadrise Company Profile

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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