Quadrise (LON:QED) Trading 11.2% Higher – Here’s Why

Quadrise Plc (LON:QEDGet Free Report) traded up 11.2% during mid-day trading on Monday . The company traded as high as GBX 4.90 ($0.06) and last traded at GBX 4.60 ($0.06). 3,889,494 shares changed hands during trading, a decline of 20% from the average session volume of 4,850,615 shares. The stock had previously closed at GBX 4.13 ($0.05).

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “house stock” rating on shares of Quadrise in a report on Friday, December 6th.

Check Out Our Latest Report on Quadrise

Quadrise Trading Up 1.7 %

The business’s 50-day simple moving average is GBX 2.32 and its two-hundred day simple moving average is GBX 2.03.

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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