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Quadrise (LON:QED) Trading 10.8% Higher - Time to Buy?

Quadrise logo with Energy background

Quadrise Plc (LON:QED - Get Free Report)'s stock price shot up 10.8% during trading on Wednesday . The company traded as high as GBX 4.99 ($0.07) and last traded at GBX 4.95 ($0.07). 434,641 shares changed hands during trading, a decline of 95% from the average session volume of 8,237,469 shares. The stock had previously closed at GBX 4.47 ($0.06).

Analysts Set New Price Targets

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

Read Our Latest Stock Analysis on QED

Quadrise Stock Performance

The firm has a market cap of £83.20 million, a P/E ratio of -23.49 and a beta of 1.83. The firm has a fifty day moving average of GBX 4.45 and a 200-day moving average of GBX 4.38.

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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