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

Quadrise logo with Energy background

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 4.58 ($0.06) and traded as low as GBX 4.06 ($0.06). Quadrise shares last traded at GBX 4.59 ($0.06), with a volume of 1,083,721 shares.

Analyst Upgrades and Downgrades

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

View Our Latest Report on Quadrise

Quadrise Stock Performance

The firm's 50 day simple moving average is GBX 4.44 and its 200-day simple moving average is GBX 4.58. The company has a market cap of £80.67 million, a price-to-earnings ratio of -22.78 and a beta of 1.83.

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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