Quadrise (LON:QED) Trading Down 9.4% – What’s Next?

Quadrise Plc (LON:QEDGet Free Report)’s stock price dropped 9.4% during mid-day trading on Monday . The stock traded as low as GBX 1.47 and last traded at GBX 1.55. 9,297,384 shares changed hands during trading, an increase of 148% from the average daily volume of 3,747,294 shares. The stock had previously closed at GBX 1.71.

Analysts Set New Price Targets

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Quadrise in a research report on Wednesday.

Check Out Our Latest Research Report on Quadrise

Quadrise Stock Performance

The company has a market cap of £20.36 million, a price-to-earnings ratio of -5.97 and a beta of 0.90. The company’s fifty day moving average is GBX 2.14 and its two-hundred day moving average is GBX 2.31.

Quadrise Company Profile

(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).

Read More

Receive News & Ratings for Quadrise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quadrise and related companies with MarketBeat.com's FREE daily email newsletter.