Quadrise Plc (LON:QED) Insider Sells £108,113.56 in Stock

Quadrise Plc (LON:QED - Get Free Report) insider Jason Miles sold 2,702,839 shares of the stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of GBX 4 ($0.05), for a total transaction of £108,113.56 ($145,177.33).

Quadrise Price Performance

QED traded up GBX 0.40 ($0.01) during trading hours on Friday, reaching GBX 4.20 ($0.06). 1,079,637 shares of the stock traded hands, compared to its average volume of 6,761,340. The firm's fifty day simple moving average is GBX 4.24 and its two-hundred day simple moving average is GBX 4.44. The company has a market cap of £82.22 million, a price-to-earnings ratio of -23.21 and a beta of 1.83. Quadrise Plc has a fifty-two week low of GBX 1.30 ($0.02) and a fifty-two week high of GBX 8 ($0.11).

Analysts Set New Price Targets

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

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.