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

Quadrise logo with Energy background

Key Points

  • The stock price of Quadrise Plc (LON:QED) has fallen below its 200-day moving average, trading at GBX 3.23 ($0.04) on Wednesday.
  • Insider Jason Miles sold over 2.7 million shares of Quadrise stock, valued at approximately £108,113.56, indicating significant insider activity.
  • Quadrise has a market capitalization of £62.69 million and a negative price-to-earnings ratio of -1,838.24, reflecting financial challenges.
  • Five stocks to consider instead of Quadrise.

Quadrise Plc (LON:QED - Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 3.98 ($0.05) and traded as low as GBX 3.05 ($0.04). Quadrise shares last traded at GBX 3.23 ($0.04), with a volume of 5,243,387 shares traded.

Quadrise Price Performance

The company has a 50-day moving average price of GBX 3.42 and a two-hundred day moving average price of GBX 3.96. The company has a market cap of £64.40 million, a PE ratio of -1,888.24 and a beta of 1.83.

Insider Buying and Selling

In related news, insider Jason Miles sold 2,702,839 shares of the stock in a transaction dated Friday, July 11th. The stock was sold at an average price of GBX 4, for a total value of £108,113.56. Corporate insiders own 4.60% of the company's stock.

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.

See Also

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