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

Quadrise logo with Energy background

Quadrise Plc (LON:QED - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 4.26 ($0.06) and traded as high as GBX 4.97 ($0.07). Quadrise shares last traded at GBX 4.60 ($0.06), with a volume of 1,162,700 shares traded.

Analysts Set New Price Targets

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

Get Our Latest Report on QED

Quadrise Stock Up 3.3%

The stock has a market capitalization of £90.38 million, a PE ratio of -25.52 and a beta of 1.83. The business's fifty day moving average is GBX 4.41 and its two-hundred day moving average is GBX 4.34.

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.

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