Quadrise (LON:QED) Trading 13.6% Higher – Time to Buy?

Shares of Quadrise Plc (LON:QEDGet Free Report) traded up 13.6% on Tuesday . The company traded as high as GBX 1.82 and last traded at GBX 1.72. 3,474,462 shares were traded during trading, a decline of 7% from the average daily volume of 3,748,435 shares. The stock had previously closed at GBX 1.51.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Quadrise in a report on Friday, June 12th.

Check Out Our Latest Analysis on Quadrise

Quadrise Stock Performance

The stock has a fifty day moving average of GBX 2.32 and a 200-day moving average of GBX 2.36. The company has a market cap of £34.41 million, a PE ratio of -10.09 and a beta of 0.90.

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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