Quadrise Plc (LON:QED – Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1.87 ($0.02) and traded as high as GBX 1.93 ($0.03). Quadrise shares last traded at GBX 1.69 ($0.02), with a volume of 2,726,632 shares changing hands.
Analysts Set New Price Targets
Separately, Shore Capital restated a “house stock” rating on shares of Quadrise in a research report on Wednesday, July 10th.
Read Our Latest Stock Analysis on QED
Quadrise Trading Up 3.0 %
About Quadrise
Quadrise Plc, together with its subsidiaries, manufactures, markets, and sells emulsion fuels for use in power generation, industrial, marine diesel engines, and steam generation applications in the United Kingdom. The company produces oil-in-water emulsion-based fuels through its Multiphase Superfine Atomised Residue (MSAR) technology as a substitute for conventional heavy fuel oil; and oil-in-water emulsified synthetic biofuels through its bioMSAR technology as a substitute for biofuel.
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