Shore Capital Reaffirms House Stock Rating for Quadrise (LON:QED)

Quadrise (LON:QED)‘s stock had its “house stock” rating reaffirmed by research analysts at Shore Capital in a research note issued to investors on Tuesday,Digital Look reports.

Quadrise Price Performance

Shares of LON:QED traded up GBX 0.55 ($0.01) during mid-day trading on Tuesday, reaching GBX 4.85 ($0.06). 9,339,658 shares of the company traded hands, compared to its average volume of 11,109,320. Quadrise has a 52 week low of GBX 1.21 ($0.02) and a 52 week high of GBX 8 ($0.10). The firm has a market cap of £94.94 million, a PE ratio of -26.81 and a beta of 1.83. The company’s 50 day moving average price is GBX 4.06 and its 200-day moving average price is GBX 3.50.

About Quadrise

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).