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Quadrise (LON:QED) Shares Cross Above Two Hundred Day Moving Average - What's Next?

Quadrise logo with Energy background

Quadrise Plc (LON:QED - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 4.04 ($0.05) and traded as high as GBX 5 ($0.07). Quadrise shares last traded at GBX 4.81 ($0.06), with a volume of 2,170,593 shares.

Wall Street Analysts Forecast Growth

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

Read Our Latest Stock Report on QED

Quadrise Stock Up 4.0 %

The company has a market cap of £97.88 million, a P/E ratio of -27.64 and a beta of 1.83. The firm's 50 day moving average is GBX 4.16 and its two-hundred day moving average is GBX 4.04.

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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