Quadrise (LON:QED) Trading Up 11.7% – Time to Buy?

Quadrise Plc (LON:QEDGet Free Report)’s stock price was up 11.7% on Friday . The stock traded as high as GBX 4.50 ($0.06) and last traded at GBX 4.30 ($0.05). Approximately 47,571,504 shares changed hands during mid-day trading, an increase of 101% from the average daily volume of 23,646,633 shares. The stock had previously closed at GBX 3.85 ($0.05).

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “house stock” rating on shares of Quadrise in a research report on Friday.

Check Out Our Latest Stock Report on Quadrise

Quadrise Stock Up 10.9 %

The stock’s 50 day moving average is GBX 5.05 and its 200-day moving average is GBX 2.85.

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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