Quadrise (LON:QED) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Quadrise Plc (LON:QEDGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3.18 and traded as low as GBX 2.23. Quadrise shares last traded at GBX 2.49, with a volume of 3,229,640 shares traded.

Analyst Upgrades and Downgrades

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

View Our Latest Research Report on Quadrise

Quadrise Price Performance

The company has a 50 day moving average of GBX 2.73 and a two-hundred day moving average of GBX 3.18. The company has a market capitalization of £48.51 million, a PE ratio of -14.22 and a beta of 1.83.

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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