Quadrise (LON:QED) Share Price Crosses Above 200-Day Moving Average – What’s Next?

Quadrise Plc (LON:QEDGet Free Report) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 3.22 ($0.04) and traded as high as GBX 3.98 ($0.05). Quadrise shares last traded at GBX 3.77 ($0.05), with a volume of 2,171,737 shares trading hands.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Quadrise in a research report on Friday, January 31st.

Check Out Our Latest Stock Report on QED

Quadrise Stock Up 0.3 %

The company has a market cap of £74.00 million, a P/E ratio of -20.89 and a beta of 1.83. The stock’s 50-day moving average price is GBX 5.01 and its 200 day moving average price is GBX 3.22.

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).

Further Reading

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