Quadrise’s (QED) House Stock Rating Reaffirmed at Shore Capital

Shore Capital reiterated their house stock rating on shares of Quadrise (LON:QED) in a research note published on Monday morning, MarketBeat.com reports.

Quadrise Trading Up 4.4%

QED opened at GBX 2.70 on Monday. The stock’s 50-day moving average price is GBX 2.82 and its 200 day moving average price is GBX 3.28. Quadrise has a 12-month low of GBX 2.34 and a 12-month high of GBX 7.50. The firm has a market cap of £54.17 million, a price-to-earnings ratio of -15.88 and a beta of 1.83.

About Quadrise

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).