Quadrise (LON:QED) Shares Down 10.3% – Here’s What Happened

by · The Markets Daily

Shares of Quadrise Plc (LON:QED – Get Free Report) fell 10.3% during trading on Tuesday . The company traded as low as GBX 2.62 and last traded at GBX 2.67. 211,709 shares changed hands during trading, a decline of 71% from the average session volume of 737,417 shares. The stock had previously closed at GBX 2.98.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “house stock” rating on shares of Quadrise in a research report on Friday, November 28th.

View Our Latest Stock Report on QED

Quadrise Stock Up 2.8%

The business’s 50-day simple moving average is GBX 2.84 and its two-hundred day simple moving average is GBX 3.33. The firm has a market capitalization of £52.16 million, a price-to-earnings ratio of -15.29 and a beta of 1.83.

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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