Quadrise (LON:QED) Issues Quarterly Earnings Results

Key Points

• Quadrise (LON:QED) reported a quarterly earnings loss of GBX 0.17 per share, reflecting ongoing challenges in their business operations.
• The company's stock traded down to GBX 3.70, with a trading volume of nearly 3.8 million shares, indicating lower activity compared to its average volume.
• Insider Jason Miles sold over 1 million shares at an average price of GBX 4, reflecting ongoing insider activity, with insiders owning 4.60% of the stock.

Quadrise (LON:QED - ) released its earnings results on Monday. The company reported GBX (0.17) earnings per share for the quarter, Digital Look Earnings reports.

Quadrise Price Performance

Shares of QED traded down GBX 0.20 during mid-day trading on Monday, hitting GBX 3.70. The stock had a trading volume of 3,821,635 shares, compared to its average volume of 6,042,091. The business has a fifty day moving average price of GBX 3.46 and a 200-day moving average price of GBX 3.97. Quadrise has a 52 week low of GBX 1.30 and a 52 week high of GBX 8. The firm has a market cap of £74.29 million, a P/E ratio of -2,178.24 and a beta of 1.83.

Insider Buying and Selling

In other Quadrise news, insider Jason Miles sold 1,013,049 shares of the company's stock in a transaction dated 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 currently owned by company insiders.

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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