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Quadrise (LON:QED) Stock Price Crosses Above Two Hundred Day Moving Average - Here's What Happened

Quadrise logo with Energy background

Quadrise Plc (LON:QED - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 4.14 ($0.05) and traded as high as GBX 4.76 ($0.06). Quadrise shares last traded at GBX 4.50 ($0.06), with a volume of 5,589,265 shares changing hands.

Wall Street Analyst Weigh In

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

Check Out Our Latest Analysis on QED

Quadrise Stock Performance

The stock's fifty day moving average price is GBX 4.25 and its 200-day moving average price is GBX 4.14. The firm has a market cap of £86.76 million, a PE ratio of -24.50 and a beta of 1.83.

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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