Quadrise (LON:QED) Stock Crosses Below 200 Day Moving Average - Should You Sell?

Key Points

• Quadrise Plc's stock has recently crossed below its 200-day moving average, indicating a potential selling signal for investors.
• The company reported a quarterly earnings loss of GBX (0.17) per share, alongside a market capitalization of £78.24 million.
• Insider trading activity was noted, with Jason Miles selling over 1 million shares of the company at an average price of GBX 4.

Shares of Quadrise Plc (LON:QED - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3.98 ($0.05) and traded as low as GBX 3.78 ($0.05). Quadrise shares last traded at GBX 3.95 ($0.05), with a volume of 1,893,401 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a "house stock" rating on shares of Quadrise in a report on Tuesday, September 30th.

Quadrise Stock Up 0.3%

The company has a fifty day moving average of GBX 3.49 and a two-hundred day moving average of GBX 3.98. The stock has a market capitalization of £78.24 million, a price-to-earnings ratio of -2,294.12 and a beta of 1.83.

Quadrise (LON:QED - Get Free Report) last issued its quarterly earnings results on Monday, September 29th. The company reported GBX (0.17) earnings per share for the quarter.

Insider Buying and Selling at Quadrise

In other Quadrise news, insider Jason Miles sold 1,013,049 shares of the business's stock in a transaction on 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 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.

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.