Quadrise (LON:QED) Shares Pass Below Two Hundred Day Moving Average – Here’s Why

Shares of Quadrise Plc (LON:QEDGet Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 2.88 and traded as low as GBX 1.90. Quadrise shares last traded at GBX 1.94, with a volume of 553,211 shares traded.

Analyst Ratings Changes

Separately, Shore Capital Group reissued a “house stock” rating on shares of Quadrise in a research note on Monday, January 12th.

Check Out Our Latest Analysis on QED

Quadrise Trading Up 0.3%

The business’s 50 day moving average is GBX 2.25 and its 200 day moving average is GBX 2.88. The stock has a market capitalization of £38.82 million, a PE ratio of -11.38 and a beta of 1.09.

About Quadrise

(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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