Shares of Quadrise Plc (LON:QED – Get Free Report) passed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of GBX 1.02 and traded as high as GBX 1.15. Quadrise shares last traded at GBX 1.14, with a volume of 7,187,342 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Quadrise in a research note on Thursday, July 30th.
Quadrise Stock Down 3.9%
The company has a market cap of £23.83 million, a PE ratio of -6.47 and a beta of 0.72. The firm’s fifty day simple moving average is GBX 1.02 and its 200-day simple moving average is GBX 1.77.
Quadrise (LON:QED – Get Free Report) last released its quarterly earnings results on Monday, October 26th. The company reported GBX (0.21) EPS for the quarter. Quadrise had a negative net margin of 4,695.51% and a negative return on equity of 61.19%.
Quadrise Company Profile
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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