Quadrise (LON:QED) Stock Price Down 3.8% - What's Next?

Key Points

• Quadrise Plc's stock price declined by 3.8% to GBX 3.88 ($0.05), with trading volume dropping significantly to 711,211 shares from an average of 5,999,657 shares.
• Shore Capital has reaffirmed a "house stock" rating on Quadrise, indicating a stable outlook despite the recent drop in stock price.
• The company's latest earnings report revealed an EPS of GBX (0.17) for the quarter ended September 29th, and it has a market capitalization of £79.24 million.

Quadrise Plc (LON:QED - Get Free Report) traded down 3.8% on Monday . The company traded as low as GBX 3.88 ($0.05) and last traded at GBX 3.88 ($0.05). 711,211 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 5,999,657 shares. The stock had previously closed at GBX 4.03 ($0.05).

Analyst Upgrades and Downgrades

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

Quadrise Stock Performance

The company's fifty day simple moving average is GBX 3.49 and its two-hundred day simple moving average is GBX 3.98. The company has a market capitalization of £79.24 million, a price-to-earnings ratio of -2,323.53 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) EPS for the quarter.

Insider Activity at Quadrise

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

Quadrise Company Profile

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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