Quadrise (LON:QED) Stock Crosses Below 200-Day Moving Average - Here's Why

Key Points

• Quadrise Plc shares fell below their 200-day moving average of GBX 4.03, trading as low as GBX 3.02 during the session.
• The company's market cap is currently £66.36 million, with a PE ratio of -18.74 and a beta of 1.83.
• Insider transactions include the sale of over 1 million shares by Jason Miles, indicating increased insider activity as 7.42% of the stock is held by insiders.

Quadrise Plc (LON:QED - Get Free Report) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 4.03 ($0.05) and traded as low as GBX 3.02 ($0.04). Quadrise shares last traded at GBX 3.30 ($0.04), with a volume of 2,813,268 shares.

Quadrise Trading Up 7.8%

The stock has a market capitalization of £72.22 million, a PE ratio of -2,117.65 and a beta of 1.83. The stock's fifty day simple moving average is GBX 3.61 and its 200-day simple moving average is GBX 4.01.

Insider Activity

In other news, insider Jason Miles sold 1,013,049 shares of the firm's stock in a transaction on Thursday, July 24th. The stock was 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 corporate 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.