Quadrise (LON:QED) Stock Price Up 7.9% – Here’s What Happened

Quadrise Plc (LON:QED – Get Free Report)’s share price was up 7.9% during mid-day trading on Monday. The stock traded as high as GBX 1.75 and last traded at GBX 1.64. Approximately 15,575,440 shares changed hands during mid-day trading, an increase of 273% from the average session volume of 4,180,390 shares. The stock had previously closed at GBX 1.51.

Wall Street Analyst Weigh In

Separately, Shore Capital Group restated a “house stock” rating on shares of Quadrise in a report on Thursday, July 30th.

Check Out Our Latest Report on QED

Quadrise Trading Up 7.1%

The stock has a 50 day moving average price of GBX 1.07 and a 200-day moving average price of GBX 1.74. The stock has a market capitalization of £39.43 million, a PE ratio of -10.71 and a beta of 0.72.

Quadrise (LON:QED – Get Free Report) last posted its quarterly earnings data on Monday, October 26th. The company reported GBX (0.21) EPS for the quarter. Quadrise had a negative return on equity of 61.19% and a negative net margin of 4,695.51%.

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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