Quadrise (LON:QED) Receives House Stock Rating from Shore Capital

Shore Capital restated their house stock rating on shares of Quadrise (LON:QED) in a research note issued to investors on Wednesday, MarketBeat reports.

Quadrise Price Performance

LON:QED opened at GBX 2 ($0.03) on Wednesday. Quadrise has a twelve month low of GBX 0.66 ($0.01) and a twelve month high of GBX 3.50 ($0.04). The company’s 50 day moving average is GBX 1.94 and its two-hundred day moving average is GBX 1.95.

About Quadrise

Quadrise Plc, together with its subsidiaries, manufactures, markets, and sells emulsion fuels for use in power generation, industrial, marine diesel engines, and steam generation applications in the United Kingdom. The company produces oil-in-water emulsion-based fuels through its Multiphase Superfine Atomised Residue (MSAR) technology as a substitute for conventional heavy fuel oil; and oil-in-water emulsified synthetic biofuels through its bioMSAR technology as a substitute for biofuel.