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Quadrise (LON:QED) Share Price Passes Above 200 Day Moving Average - Here's Why

Quadrise logo with Energy background

Shares of Quadrise Plc (LON:QED - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3.62 ($0.05) and traded as high as GBX 4.60 ($0.06). Quadrise shares last traded at GBX 4.45 ($0.06), with a volume of 7,977,858 shares traded.

Analyst Ratings Changes

Separately, Shore Capital restated a "house stock" rating on shares of Quadrise in a research note on Tuesday, April 1st.

Check Out Our Latest Report on Quadrise

Quadrise Price Performance

The firm has a market cap of £81.24 million, a PE ratio of -22.94 and a beta of 1.83. The firm has a 50-day simple moving average of GBX 4 and a 200 day simple moving average of GBX 3.70.

Quadrise Company Profile

(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.

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